Scenarios focusing on major resistance level
#1. Current resistance level
When BTCUSD cannot break the resistance $8,463 and degrade again, this can be considered
But i believe rebound also can be expected because there are some support levels in lower side
#2. 8600~9300 Major Resistance level
When BTCUSD break the resistance $8,463
- $8,650-8,800
- $9,000-9,300
These can act as resistance
#3. A new high?
When BTCUSD reaches #2 but overcome them by getting force at support level, it is possible to make a new high.
If this happens, higher resistance can be considered( currently located at $10,300 / $11,700)
#1. Current resistance level
But i believe rebound also can be expected because there are some support levels in lower side
#2. 8600~9300 Major Resistance level
When BTCUSD break the resistance $8,463
- $8,650-8,800
- $9,000-9,300
These can act as resistance
#3. A new high?
When BTCUSD reaches #2 but overcome them by getting force at support level, it is possible to make a new high.
If this happens, higher resistance can be considered( currently located at $10,300 / $11,700)