Since the all time high, Bitcoin built 3 resistance area (shown as a boxes in the chart).
If Resistance holds, then expect the arrows showing in the chart to playout (blue scenario or black scenario) with target to the dashed black line at 36,000.
And the bottom was at 2020 close which usually means the index will highly possible to respect these resistance area for the rest of the 2021.
If Resistance holds, then expect the arrows showing in the chart to playout (blue scenario or black scenario) with target to the dashed black line at 36,000.
And the bottom was at 2020 close which usually means the index will highly possible to respect these resistance area for the rest of the 2021.