-Bitcoin is currently testing the mid resistance area after a 40% increased from the 29k region -This zone is a confluence of previous tops from January 8, May 26, June 15 trading -Also, the 100 Moving Average is sitting inside this zone -Take note, the RSI hit the 70 level or overbought territory -After 9 trading days with all green candles, it is potential painting a red day -If BTC tops out or slows down from here, expect a mini consolidation range -A correction is likely to happen if not yet then BTC might break the 42k zone -Let us wait and see which way the market will go within 24hrs-48hrs -Good luck traders and stay safe!
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