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BTC did get rejected by the 0.5 level and fell below the $27,500 level . This makes me think that the increase is corrective. While this doesn't mean that BTC will immediately fall, I think a retest of $25,000 will eventually occur.
But, the price action regarding the $27,800 area is quite bearish. There has been a deviation above the area and several bearish candlesticks with long upper wicks on the Daily TF.
So, I think a drop towards $26,000 is the most likely scenario.