BTCUSD Approaching Resistance, Potential Reversal

BTCUSD is approaching our first resistance at 4721 (100% Fibonacci extension, 23.6%, 38.2% Fibonacci retracement, horizontal swing high resistance) where a strong drop might occur below this level pushing price down to our major support at 4043 (100% Fibonacci extension,
RSI (34) is approaching our resistance and we might see a corresponding drop in price. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
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