kryptoben

BTC Support and resistance zone

KRAKEN:BTCUSD   Bitcoin
Bull Scenario:
1. as of the moment BTC rejected with 200MA at 4H time frame and trying to bounce up with the resistance area at 10600 region if the bull continues upwards breaking above this resistance box zone potential target will be 11,000-11,300 region in the short term.

Bear's Scenario:
2.BTC continue rejecting at 200MA at 4H time frame and did not hold support at 0.618 fib in 10,000 Region a possible dump deep down to test back at 9,685 region.





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