

Price in #Bitcoin is reaching a crucial zone. My shorts are placed in the yellow box with proper risk management (low leverage). Many confluences pointing to a rejection at this strong resistance level. Breaking above the 0.50 Fib level and holding 0.38 as support... and I would start considering that higher prices are possible. But if BTC rejects from here and closes the month below the monthly open, the odds of a lower low would be certain.





















