Shortterm I expect BTC dropping to at least 8960 USD until it finds support again. 8960 USD is a former respected resistance also supported by two fib circles.
Furthermore on the hourly chart it seems like it would perfectly hit the 55 EMA.
The dotted red line is a longer term resistance trend which supports that development.
Be aware that it might even break through 8960 USD and aim for a lower support level.
Furthermore on the hourly chart it seems like it would perfectly hit the 55 EMA.
The dotted red line is a longer term resistance trend which supports that development.
Be aware that it might even break through 8960 USD and aim for a lower support level.