Bitcoin Rallies Back to Test Major Resistance!

Bulls have fought their way back up to test a major resistance at $11,500. This is a critical zone for bitcoin. Not only do we see clear visual resistance, when zooming in on a micro level we can see it’s hitting the golden pocket when pulling the fib from the local swing high to local swing low.

Screen Shot 2019-07-03 at 12.17.34 PM.png

Bitcoin is also sitting right inside the upper CME gap.

Screen Shot 2019-07-03 at 12.20.57 PM.png

In today’s video I discuss where price may go from here, traps to avoid and so much more. I hope you find it helpful. I’ll follow up this video with another one that answers your questions.

Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.


If you found this post informative, please:


Get paid for viewing ads and Support the Crypto Ecosystem with Brave Browser. Free download here:

Feature Image By: Saul Gravy

Related posts

Crypto Contest March 18: BitTorrent

Markus Aarnio

The Sunday Crypto Recap- Down the Rabbit Hole 50


Two Minute Crypto – A One Thousand Dollar Bitcoin?


Get involved!


No comments yet
Skip to toolbar