Bitcoin very likely to fall back some at least for tonight.

There is a resistance which is very likely to make bitcoin fall back to the red EMA tonight sometime after the new 1 day candle starts.

Please note that I am not an expert, but I have seen this happen many times and I'm not sure if I've ever seen it not fall back to be honest.

Comment:

It may take longer than tonight for this to drop down, but don't expect it to get past 37200 at all. It should go down to around 35000 sometime tomorrow before the daily candle closes, if not tonight.

Trade closed: stop reached:

Much to my surprise, the market is still bullish! This is probably due to the incoming flux of stimulus payments. No crash expected now for a while.

Comment:

Obviously that last update didn't age well. While the stop loss was reached, it could have been a fake-out as it ended up being, so I was too quick to update.