According to current prices, however, it looks like traders have managed to overcome the third resistance at $ 18.5K, so it seems that the next challenge will be $ 19K. It is very likely that in the $ 19K area, many traders will open short positions.
However, let us not forget the support zones, which will play an important role in these moments. As we can see in the chart, the bulls bounced several times from the $ 17.5K area, and we can call this area the current support. But the most important supports are in the area of $ 15.7K - $ 16K and $ 14K .
Please note that with such rapid growth, Bitcoin may lose at the same rate, so focus more on $ 16K and $ 14K support as you move.
Current support at $ 17.5K
Very important support at $ 15.7K - $ 16K and $ 14K
Strong resistance at $ 18.5K, if will be BTC next 24H above this price this area can turn into current support
Psychological resistance at $ 19K