Update $BTC
• We’re seeing a strong bounce off the CME gap, nearly fully filled, after rejecting off the key low with a bearish retest as mentioned in yesterday’s update.
• The current bounce looks solid—don’t forget, today’s the last day before the new monthly candle starts, so in the best-case scenario, I’d like to see us closing back inside the range by then.
• We need fresh signs of strength, like reclaiming the $90k ( bottom of range )—which is currently an important level—and switching back to bullish market structure on the MTF and HTF.
Stay tuned.
