? Bitcoin is pumping at that's cool! However, I can't speak about any trend reversal as long as $BTC stays below the $92,000 with HTF candles.
First of all, this level is crucial long-term resistance.
Secondly, this is an exact "B" point of ABC correction.
I won't touch Bitcoin as long as there is no reaction on this level.
We either fake it and dump back to $85,700 (that must be strong, otherwise the way towards $68,000 will be opened) OR we break it strongly and go higher to $110,000.
Technical analysis tell me we won't see a breakout, but there are many economical factors + HTF indicators that tell vice versa.
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