I personally think that the support wont hold for a longer period of time, we seen a lot of price action in the past few months. Thats why I think that we will see a big pull back before rising further. Atleast to the 4100 dollar zone which is correlating with the trendline that was formed, the major support area and the 61,80 fib. BTC also looking to close under the 18 EMA which also can be hard to break at times.
I can see BTC rising until to the weekly resistance after the pull back. Here is why : We can see the -27% fib correlating perfectly with the weekly resistance between 5883 and 5849 dollar zone. (this is a 4 hour chart)
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Thank you for that nice analysis. Let's see what will happen then ;-)
I recently followed you @egres and I am currently also working on an article about consciousness.. it will be published soon.
Thank you and be sure to publish your technical analysis for Steem and BTC - I currently follow @scaredycatguide and @cryptopassion for technical analysis 👍