Based on the RSI on higher timeframes, it looks like the price is likely to drop as the upward momentum is weakening, which can be seen in the price action.
BTCUSD is going to reach at 20,000 maybe? but for me I'm not hoping to reach at 20,000 because there are too much hype in this market If play safe trader will close or sell their order and the market will go down again, some people who put their money in market without knowledge in trade will panic. BTW they break the resistance and creating for a new support....
As you can see there's a big rejection, there's no confirmation if this is the reversal. Wait for more bullish candle then buy.
I wait for more bullish candle to confirm that this market will bullish
They reached the resistance but didn't break hoping for reversal for this week
I thought there's a bullish candle when the market breaks the resistance but didn't happen