BTC 2 scenario’s

If you’ve seen my previous chart I’d say the price is right on schedule and running into resistance (the yellow lines which I’ve drawn on the daily) I defintely think that we must flip 48K and subsequently 50-51K into support to continue the uptrend.

If we don’t get the volume and see a retrace, then the levels that I’m watching are the 45.9K and the 45.3K levels (the 0.5 & 0.618 fib level).

This is my publication #18. Let me know what you think of it and if you have any questions, suggestions, feedback or other inquiries let me know and do not hestitate to send me a message and to leave a comment! I’m also just a trader.