I believe $11.7k as the top for bitcoin and its down from here as this is such a strong resistance level i do not think BTC can break above that point. If bitcoin price does push above that level then I will be bullish and expect us to test $14,000. This pump in price was to liquidate shorts, now that shorts have been liquidated now its time to liquidate longs. I cover why this is such an important resistance level and why i believe bitcoin is topped out. I also cover my most recent 5 minute swing trading chart as well as the NYSE.
Website to access these live charts: https://opticalartcrypto.com
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This is not financial advice! these are only my views and opinions of where I think the market may be headed. Crypto Currency is a very risky asset, always do your own research before ever considering investing or making a trade.
#bitcoin #NYSE #btc
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