BTC Bulls ran out of power?
Hello everyone
I think we can say the current 57,500 should be our current top price for BTC.
We have 0.7786 Fibonacci resistance, and 2 channel ceilings. Also we have an static resistance at 57,555.
Considering that BTC price is quite close to this huge resistance cluster, I really think this would be the highest price for now and we wont see any further bullish advance movements.
We can also observe drops in buying volume as well.
It would be a pleasure to have your ideas and comments on this topic.
Cheers
I think we can say the current 57,500 should be our current top price for BTC.
We have 0.7786 Fibonacci resistance, and 2 channel ceilings. Also we have an static resistance at 57,555.
Considering that BTC price is quite close to this huge resistance cluster, I really think this would be the highest price for now and we wont see any further bullish advance movements.
We can also observe drops in buying volume as well.
It would be a pleasure to have your ideas and comments on this topic.
Cheers
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