Yesterday BTC again attempted to break the strong Resistance area that is 28500 but rejected strongly and fell back to 27820 and formed a local support there let's see how long will it hold the strong selling pressure.. It was second consecutive attempt in a week.. The Resistance above 28k looks very strong and needs a huge volume to break above 29k.
Will BTC go for a third attempt.?
Currently BTC is trading below 27900..
Opening any long or short positions are at risk, my personal opinion to wait until a solid upward or downward movement..
Plz do your own research first before opening any position..