Bitcoin is back in the big daily range and successfully retested an important level with a SFP (Swing Failure Pattern).
There's a lot of heavy resistance ahead
Top of the Range + Fibonacci Golden Pocket
Yearly Open + 0.786 Fib Level
Monthly/Quarterly Open
Our indicators show that there's potential for a little more upside in the current price action. One major problem is the current volume which isn't showing any signs of strength as of now.
Not
Bitcoin failed to close above the yellow box and dumped back to the weekly open.
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