BTC/USD - Update
The first posts will look more at intraday price action, with the following posts focusing long term, as we have a yearly and monthly close.
On the daily timeframe, the price has continued to move sideways, similar to what we saw towards the end of last year.
Two levels to watch for a reaction
$16800 - $16900 resistance
Monthly naked point of control + daily level
If the price breaks above this, the price has room to move towards $17500
Support $16500 daily level