BTC daily 3 Dec Sat

3 Dec Sat
BTC is resting below 17160 resistance. It might be that supply is being consumed and we can see pump above it. If it does so on high volume we are bullish for the rest of the week and can set limit buy orders at this level.
It can also mean that BTC doesn't have strength to pass by it. It all depends on SP500, which is also resting below it's supply zone. Even if SP500 was to break above we should see price of BTC going down first to get some liquidity before rally continues.