BTCUSD is once again retesting a key horizontal resistance level at 106573.0313. It has tested this level 8 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Upward sloping Moving Average
Target: 109867.4688 Entry: 107092.27 Stop: 105307.7701

