UnknownUnicorn3629102

BTCUSD - Support and Resistance

BITSTAMP:BTCUSD   Bitcoin
Bearish short/mid term.

Notes:
  • Volume decreasing. Volume is not as high as previous price spikes.
  • Strong/heavy overhead resistance.
  • Short term correction. Bullish longterm?



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If price breaks through overhead resistance, it is likely to reach $10k before pulling back down. Otherwise we should see the price drop soon.
Comment:
Price went to 10k as expected after breaking through the resistance. I am expecting the price to drop soon!
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