📊 Daily Bitcoin Analysis 📊
- $BTC closed above our major resistance at the 0.618 Fib level which confirms the breakout.
- Although the RSI is crossing to the downside and close to its signal line which could signal a breakdown if closed below, but the StochRSI is still curving up signaling indecision.
- It's also in the middle of its liquidity levels between 95 and 97k, further exacerbating this indecision.
- Keep an eye on the 95k support since if we close below that, it would further validate the breakdown.
- I'm still aiming for 100k as the next target.
- Major resistance is 100k, 106k, and the 108k trendline.
- Major support is 95k, 88-90k, 86k, 83k, 81k, 77-78k, and 72-74k.
