BTC resistance reached

As I said yesterday, I expect the highs to be taken, and it happened today.

Now we reached resistance at the high of the fib golden pocket which is in confluence with the weekly level, and we are currently rejecting it.

If this is the high, we have the fib golden pocket at the middle of the channel that we just broke out of, which if reached, I expect a bounce before a move lower.
This level 45.5-46k is a big support level, but the bigger one is at 43k in my opinion, if we lose it, expect lower than 40k.

If this resistance where we are right now is broken, the next resistance level is 50k, then 51k and 52k
This area which we are in (48k - 52k) is a big one as I said before.

I'm personally expecting lower now, but I don't expect much volatility on weekends, but of course anything can happen and we can dump during the weekend.

I will update you when needed as always

Any questions?

Good luck traders
Remember not to break your rules

Habib