CPB, daily candles.
Two potential areas of resistance for the price of BTC:
1) 50D SMA (orange line) is currently around 4470, but the oldest 10 days in the window are from the $6K area. 10 days from now all those prices will have dropped out and the 50D SMA could be around $4000.
2) The 3rd ray from the ATH (top light blue line) is currently around $4680. By 15 Jan it will be around $4280. This line has acted as resistance several times in the past. Falling through this line on 19 Nov was the start of the plunge from $5.5K to $3.2K.
Two potential areas of resistance for the price of BTC:
1) 50D SMA (orange line) is currently around 4470, but the oldest 10 days in the window are from the $6K area. 10 days from now all those prices will have dropped out and the 50D SMA could be around $4000.
2) The 3rd ray from the ATH (top light blue line) is currently around $4680. By 15 Jan it will be around $4280. This line has acted as resistance several times in the past. Falling through this line on 19 Nov was the start of the plunge from $5.5K to $3.2K.