We spent 4 weeks fighting to regain the level of $90K.
Once $BTC finally did, the price skyrocketed to the highs and immediately reversed, opening with a flat candle to the downside.
Now we are retesting that exact middle level, and this area is much more important than it seems.
If we fail to reverse it, it's likely that all remaining untested lows will be swept. Ideally, the bulls want to see a solid body closing above the middle range to confirm the continuation of the rise.
Once $BTC finally did, the price skyrocketed to the highs and immediately reversed, opening with a flat candle to the downside.
Now we are retesting that exact middle level, and this area is much more important than it seems.
If we fail to reverse it, it's likely that all remaining untested lows will be swept. Ideally, the bulls want to see a solid body closing above the middle range to confirm the continuation of the rise.