Another update review from professional trader:
📊 BTC/USD update
In my previous analysis I indicated that if BTC will move over 11000 resistance line, then our next serious resistance would be around 11600 - 11800. After reaching 11555 price line, BTC stopped its growth and struggling with moving further.
What does it mean? If BTC won't pass 11600 in the nearest time, then we are likely to see BTC moving down to 10780 and 10400 support lines.
I sold some of my BTC at 11500 USD price line, and currently I am waiting to see if BTC will move over 11600 or will keep falling to indicated support lines.
If BTC will retreat to support lines, then I expect some altcoins to move downwards too.
Only ability to pass 11600 - 11800 resistance zone will make me buy back some BTC which I sold.