BTCUSDPrice has spent the last 3 weeks stalled at the 2021 Open resistance at around 28K
If price continues to be capped by this resistance level, I'll be looking for a higher low above the 2017 High support at around 20K (green forecast).
If price establishes a close below the 20K support, I expect that will open a move down to the 2023 Open (red forecast)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.