$BTC 📊 Daily $BTC Analysis 📊
- BTC continues to inch closer to its 95k resistance at the 0.618 Fib (which it's touched 4 times in the past).
- Historically, the more times a level is tested, the weaker it becomes.
- The RSI and StochRSI are still crossing to the downside but any positive news could change that.
- I'm still waiting for a daily close above 96k or below 93k. Very thick liquidity is building between both areas and whichever way we break will be violent.
- I still remain focused on alts as those are still the +EV trade.
Major resistance is 95k, 100k, 106k, and the 108k trendline.
Major support is 88-90k, 86k, 83k, 81k, 77-78k, and 72-74k.