BTC closed at the upper edge of the pink box. The next resistance level is in the range of 95000-96338 USD, and from the potential pullback from this area, the price may fall to:
1 - The pink box area in the range of 91652-90479 USD. As long as the price stays at the upper edge of the box, it is considered a retest;
2 - If the pullback continues downward, it is also seen as a retracement after a breakout trend, unless the daily closing price is below the level of 83050 USD. A daily closing price above 95000 USD is the second signal of a trend reversal, with the first signal appearing alongside the trend breakout. Edit and Share