Well BTC got rejected by the strong resistance around the 41K area which was predicted.
Now it's got a good support and try to go back up but the Middle Bollinger band rejected the price again back to the support area on Fib.
If this support gets broken then we have two other ones we can rely on but even if the price goes up directly right now, there are very strong resistance areas around 40K-41K and 43K prices.
To sum it up: The price is stuck between two key areas and more drop is more likely to happen.
Current Market Price: $38900
Good Luck
Tell me your ideas. Like and Share
Now it's got a good support and try to go back up but the Middle Bollinger band rejected the price again back to the support area on Fib.
If this support gets broken then we have two other ones we can rely on but even if the price goes up directly right now, there are very strong resistance areas around 40K-41K and 43K prices.
To sum it up: The price is stuck between two key areas and more drop is more likely to happen.
Current Market Price: $38900
Good Luck
Tell me your ideas. Like and Share
