olleyy

olleyy Updated 

The last analysis I did was showing that there were two strong resistance zones above our levels (of the time). I marked these up around $5700 and $6400. The first resistance zone has now been tested. Some people think BTC can 'moon' to "new highs" for this year, but this is a time to be cautious and not let FOMO kick in. That has always been my number one rule...

olleyy

Hi there, just wanted to share my quick analysis on the current BTC market. By looking at the chart, the most obvious first signs are the resistance lines around 5800 and also the 6400 area. This shows us that if the price continues upwards to the 5800 area, but rebounds downwards, then most likely there will be more consolidation and sidewards movement. If BTC...