Thanks for coming by to this quick update.
Bitcoin looks strong here and ready for a rally towards $11,500 area.
Though $11,120 STANDS TO BE A STRONG RESISTANCE AREA, the green box remains the point of intersection where multiple resistance points intersect with each other making it the perfect spot to be hit in the coming few days.
This is a short term chart and shouldn't be used to take long term trades.
Please observe the chart, I've shown exactly how I reckon the price will move.
Also I am leaving the link of the chart where I speculated BTC to reach 12k within the first week of August which exactly got hit, This update was posted on May 9 2020!!!
Thanks again for reading.
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#PEACE