#Bitcoin's struggle to break the $96k resistance continues.
This level is quite important because it is the Fibonacci 0.618 resistance. Typically, after trend reversals, the first profit-taking point is monitored at 0.618.
Therefore, surpassing this level indicates that expectations are higher and the uptrend may continue. In this regard, the $96k resistance is extremely significant.
I had previously explained the importance of the Fibo 0.618 resistance in detail. You can read this post for better understanding 👇
https://t.co/nyBCZqb2kH
On the other hand, other data continues to maintain its positivity.
With the trend break, whale activity had moved into positive territory, and as of now, it is still around +20.
The fact that whale activity is consistently holding around +20 is extremely positive.
If there are any changes in the data, I will provide real-time updates, friends.
I wish everyone a beautiful day and plenty of profits.