BTC IS STUCK, BUT NOT FOR LONG
Bitcoin briefly swept below the range and then reclaimed the mid-range S/R almost immediately
It’s Saturday, so I’m not expecting much meaningful expansion from the market today
Most likely, we keep moving sideways inside this tight LTF range while BTC builds the next move
The imbalance around 85.7K is still the main retest area for me
If price reaches it and gets rejected, I’ll expect move lower
At the same time, I’m expecting BTC to print a new local high next week, with the bigger local top forming within the next couple of weeks
For now, BTC is having a pretty quiet Saturday.
No need to force anything.
$BTC $SOL
Bitcoin briefly swept below the range and then reclaimed the mid-range S/R almost immediately
It’s Saturday, so I’m not expecting much meaningful expansion from the market today
Most likely, we keep moving sideways inside this tight LTF range while BTC builds the next move
The imbalance around 85.7K is still the main retest area for me
If price reaches it and gets rejected, I’ll expect move lower
At the same time, I’m expecting BTC to print a new local high next week, with the bigger local top forming within the next couple of weeks
For now, BTC is having a pretty quiet Saturday.
No need to force anything.
$BTC $SOL