Bitcoin BTC Analysis 28th December 2018

BTC went up to Resistance 3 and reversed back down to find support at Resistance 1 and 2 which turned into support exactly as previously mentioned on 17th December.

If current support holds, BTC should reverse up towards previous resistance at 4225. Price needs to break past resistance 2 at 3684 to be in the clear short term wise as current bearish pressure has built up quite a bit since 4225.

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