Bitcoin Could Get A Hard Time Going Up From Here
We've been bullish since 16k. Now that we're up 4 thousand dollars, which is 30% higher, its time to look at some points of ressistance.
At this moment, Bitcoin is already at the top of a resistance zone. I think the market is waiting for tomorrow, since the SPX is also looking at a breakout/resistance.
If the SPX can break its resistance, Bitcoin will follow. If it does not, Bitcoin has probably reached its temporary top.
In the bullish scenario, the next stops are 22750, and 25500 usd.
At this moment, Bitcoin is already at the top of a resistance zone. I think the market is waiting for tomorrow, since the SPX is also looking at a breakout/resistance.
If the SPX can break its resistance, Bitcoin will follow. If it does not, Bitcoin has probably reached its temporary top.
In the bullish scenario, the next stops are 22750, and 25500 usd.
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