Technical Observation

Earlier this year, BTC established a major resistance line at $11,352.35 and has not been able to rise above it despite the previous attempts to rise above it. Unless the price clearly break above $11,352.38 with a big green candle, I expect bears to dominate in this market. My overall opinion is that the price should pullback upwards towards $11,352.35, where I'll be looking for a clear sell position towards $6670.05 and may break below towards $1000.00. On the other side, should the price break above $11,352.35 then I expect a rally towards $19,344.40.

Trade Signal.

Resell BTC at $11,352.30 towards $6005.10.