Here's what we can expect next for Bitcoin

Hey folks,

The aim of this analysis is to provide you a daily snapshot on the price action of Bitcoin . (buyer vs. seller sentiment)

I will also be uploading a YouTube video shortly to go through my analysis in greater details.(link below)

Summary of latest BTC price action:

• Hourly downwards pressure remains in control. Current price is reacting to 0.786 FIB retracement level, which will likely form lower high.
  
• If that happens price is likely going to retest 46700 level, with high probability of successful breakout. *Key here is to lookout for false breakout scenario which might signifies Seller Exhaustion.
  
• As Daily swing pattern remains positive, a high probability buy opportunity is likely to present itself at 45722 level. *To be careful of sharp drop due to retail FUD. Only looking to enter after price stabilized
  

Stay safe and invest wisely my friends!

**Please note that this is my personal opinion and does not constitute as financial advice.