Bitcoin resistance at $13,000 (BTC/USD Analysis)

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7y

WEDNESDAY
26-JUN

Price continues its rally and took the last upside LQ before the ATH.
It also reached the weekly sell zone around last year's swing high.
If the current range is between $20,000 and $6,000, price is has reacted from the range EQ. which coincides with the weekly sell zone.

On the Daily, price has reacted from the range EQ to the decimal, which could mean that further reactions could be expected.
Given the bullish momentum, however, the move up is likely to continue but longs may have limited profit potential.

Bitcoin resistance at $13,000 (BTC/USD Analysis) | Ecency