Based on BTC daily chart, it tried to break the .618 fib resistance at around 
42K but rejected and now is back testing its support at around $39k. If BTC doesn't hold current support, it will back test lower support at around $37k.
In the short term, I expect BTC fall to around $35k and form a reversal where this could bring more volume to the market and enable BTC to surge to a higher price.
MACD indicates an upward reversal momentum may form in the coming days.
42K but rejected and now is back testing its support at around $39k. If BTC doesn't hold current support, it will back test lower support at around $37k.In the short term, I expect BTC fall to around $35k and form a reversal where this could bring more volume to the market and enable BTC to surge to a higher price.
MACD indicates an upward reversal momentum may form in the coming days.
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