resistance areas this doesn't mean that price can't go up anymore we just talking about probabilities here not more !
price after a correction to 56k can reach to 70k
while s&p 500 is going down and dollar index is rising can btc hit a new ATH ?
my opinion is price will break this line
for a bullish uptrend price needs to overcome the yellow line i drew
i think we have resistances about 53k and 56k so the correction bottom can be the bottom of blue parallel channel
breaks out to 55k or we should expect a drop to 46k-41k im expecting bearish movment because of many divergences. trend strength lost its power
i can see divergences everywhere on every indicator. green rectangles are support areas
macd & rsi showing divergence in 1H & 4H & D time frames
Why im not trading at long term? Real black swan book