#BTC daily update ♻️
As I previously assumed, we have returned to the previous liquidity zone and now is the moment of truth.
There will be trading within the channel and an upward breakout targeting 127k, or we might first be pushed down to cool off the market and scare everyone.
Considering that today is Friday and the weekend is ahead, I still expect a pullback to the area of 113800, where I placed a buy order. I also have a limit order at 110800 as a precaution.
The cryptocurrency market is positive and the level of greed is at 74. Dominance is dropping and pressing on the important 60%. All of this should be seen as a sign of a possible downward movement with low wicks.