$BTC I was wrong. Considering that BTC was still trading inside a range and price was approaching both the range highs and the descending trendline, I was expecting another rejection.
Instead, price broke through that area with momentum and continued all the way toward $86.9k.
Despite that move, the highs around $87.3k remain unswept and the liquidity cluster above still hasnโt been tapped.
That leaves two possible scenarios from here. Either BTC continues higher directly to sweep those highs, or we first see a retest of the range highs before another move up.
Either way, I still expect those highs to get taken out soon. #BTC Price Analysis# #Macro Insights#
Instead, price broke through that area with momentum and continued all the way toward $86.9k.
Despite that move, the highs around $87.3k remain unswept and the liquidity cluster above still hasnโt been tapped.
That leaves two possible scenarios from here. Either BTC continues higher directly to sweep those highs, or we first see a retest of the range highs before another move up.
Either way, I still expect those highs to get taken out soon. #BTC Price Analysis# #Macro Insights#
