BTC: Strong Resistance ReachedBitcoin / TetherUSBINANCE:BTCUSDTKhan82So I have posted an Elliott Wave analysis of BTC earlier you can check that out. Here I am presenting a case for BTC short for below reasons. 1. We have reached a very strong resistance which pushed price down substantially previously. 2. We have series of imbalances below. 3. The Daily candle from 25 August looks quite bearish reversal candle. 4. The high of the Daily candle from of 26 August has not reached the high of 25 August candle. Based on all above, I think BTC should go down from here. If it breaks above the strong resistance, then this idea invalidates. Disclaimer: This analysis is for education purpose only and not a financial advice. Markets are risky. Manage your risk and trade responsibly.