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Bitcoin Daily Dose 3/22/19

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Movement since yesterday the 21st was subtle. After reaching $4000, Bitcoin attempted to bounce back up but fell short at $4070. There is a heavy resistance at $4100 and I still do expect the price to retest $3937-$3947. This coincides with the 38.2% Fibonacci level of the two major pumps we experienced in December and February as well as an almost 3-week trend line that dates back to March 4th. Heavy confluence is here with MACD and RSI are telling me that we will drop soon. $4200 would be a smart place to take profit if we do hit $3937-$3947.

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