Bitcoin Potential Breakout; Looking For Resistance
Bitcoin (BTC) looks like it could be breaking to the upside from its current range. The next potential resistance would be the range created by the bearish order blocks shown on the chart at R1.
If Bitcoin cannot rally, then support levels below include the bullish order block at S1 formed by recent price action and the order blocks below that created from price action back in late 2018 and early 2019.
If Bitcoin cannot rally, then support levels below include the bullish order block at S1 formed by recent price action and the order blocks below that created from price action back in late 2018 and early 2019.