BTCUSD approaching resistance

Hi everyone, just a quick analysis, at 50250 around there is 1.61 fib level which may work as potential resistance on BTC and we may see a consolidation or pullback.

This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

"A is for my attitude working through the patience
Money comes and goes so the M is for motivation
Gotta stay consistent, the P is to persevere..."