Gunslinger2005

BTC has big resistance in this area

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Actually the entire area of upper 10ks was not much resistance in general. So breaking it didn't really mean too much. However there are some pretty big resistance here. L3 monthly camarilla level would mark it returning to the original range it fell from.

The Purple lines are the Monthly CPR and pivot point .

The blue line is an already twice tested downtrend line. All of these are pretty significant.

I think its a little early for this breakout. because we will be having a new daily pivot forming which will drag btc down a couple hundred after UTC closing. So lets se