Bitcoin Daily facing strong resistance but with Ability Bitcoin all time history indexINDEX:BTCUSDOrriginal Those that have been following my posts know that I watch Fibonacci circles and that the Red ones are 236 Fib Circles, usually strong resistance / support. And as you can see, Bitcoin is just below a strong one right now. See how, previously, it acted as strong support, then once lost, it has been strong resistance, We saw that 2 days ago when a Strong Green candle tried breaking through a point of lower resistance. usually found where a Fib circle crosses a Fib Extension ( in this case the 4.618). Rejection off that point was strong and the result was a Red daily candle with a small body and a long Wick, The Bears pushed PA down firmly So now we find ourselves getting into a tight squeeze, with local support just below and the Red 236 Fib circle dropping down from above. The Apex of this squeeze is in Mid January 2026 and we all know, PA will react BEFORE that Apex. Do we know in which direction it will go ? NO but we can get some ideas. We talked about how the Bears pushed PA down recently, But the BBTrend indicaror shows us some hope. This indicator was developed by the same man that made Bollinger bands. To simplify this explanation, when the Histogram is below 0, it is BEARISH and above is BULLISH We can see how the Bears are Loosing traction and we are becoming more and more Bulllish. It has to be said, there is no guarantee that we will Rise above Zero but things are looking good. So what else has a good outlook here.? The Daily RSI is Rising. And has a lot more Room to climb, so the potential strength does exist. The Daily MACD Still rising Bullish and below Neutral and so, again, the potential for a stronger, sustained Move does exist. This is reflected in the weekly MACD The Weekly MACD is turning slowly from Over Sold but what is truly exciting is that the Weekly MACD NEVER ranges Low, it always climbs and so we CAN expect an increase in Price to some extent. In reality, this could rise a little and drop again but that has never really happened on a weekly. I think we are in a great position for at least 2 months, maybe longer. But I could be wrong we will have to wait and see. Happy New Year