Bitcoin Analysis 11/8/23 Resistance at 38.2% Retracement
On the 1 Week Chart Bitcoin is seeing resistance at the 38.2% Retracement around 36k. If Bitcoin breaks 36k, then it could pump to the next level of major resistance around 42k.
On the 4 Hour Chart, this Bump and Run Reversal Top is forming. We want to see more sell volume in order for this pattern to be valid.
On the 4 Hour Chart, this Bump and Run Reversal Top is forming. We want to see more sell volume in order for this pattern to be valid.
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