is testing major resistance at 15194 (61.8% Fibonacci retracement
, 100% Fibonacci extension
, horizontal swing high resistance, bearish
divergence) and we can see that there is a strong ascending trend line
support that is squeezing recent price action. A break is likely to occur soon and we would increase our conviction of a potential drop if price closes strongly below our ascending support line. Next major level of support is at 12915 ( Fibonacci retracement
, horizontal swing low support).
(34) has made a bearish
exit signaling as a precursor to the potential drop on Bitcoin
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