BTC reached a new high yesterday, And it had to retrace a little bit and so it did. Now after it finished retracing I put up a Fib Extension to see where it might lead us before retracing again, and it shows around 11900. which is also a resistance level. This theory is supported by RSI as it shows more space for a pump.
Also, Another thing to notice, According to Gann if we break through the 11080 level it could lead to a huge pump which supports what I said previously.
Disclaimer: This analysis is based on my thoughts and should be followed with your own responsibility.
Also, Another thing to notice, According to Gann if we break through the 11080 level it could lead to a huge pump which supports what I said previously.
Disclaimer: This analysis is based on my thoughts and should be followed with your own responsibility.