BTC Technical Analysis - 02/04/2022 - High Volume Breakout
BTC broke above the downtrend resistance line with high volume today.
RSI overbought, expect a pull back and look for lower highs, and higher highs on the price action.
Horizontal resistance at 39520, 41250, 42000, and 43580.
If we see more selling off of the SPX expect more downside on BTC.
RSI overbought, expect a pull back and look for lower highs, and higher highs on the price action.
Horizontal resistance at 39520, 41250, 42000, and 43580.
If we see more selling off of the SPX expect more downside on BTC.
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