BTC bouncing around

Currently BTC is bouncing from horizontal resistance and support. Currently waiting for a breakout confirmation. As of now BTC looks like its getting over loaded. We can possibly see a another retest from horizontal resistance. A rejection from there would be a good short entry but still risky.

After monitoring exchange data and whales, there are a inflows of BTC to spot & derivative exchanges. Currently hard to tell by looking at data with derivative exchanges. More coins have been deposited to spot exchanges though. Will keep you updated ! Thanks for viewing :)


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