Bitcoin beats our selling opportunity at strong resistance at 9150/9250 to meet minor Fibonacci resistance at 9650/9700 & 200 day moving average at 9800/9850. If beaten (unlikely in such overbought conditions now) we test 4 month trend line resistance at 10100/10150.

Failure to beat the 9700/9850 area targets 9450/9400 & 9300. Two week trend line support at 9100/9080 is then key to direction.

A break lower signals the bear trend resumes. We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other.

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