BTCUSD bands are narrowing quickly, therefore, volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. In this case a slight pullback is indeed in the cards before upward pressure towards 6000 - 6200 for more bull attraction.
Shorter bearish flags are pointing in a descending wedge since the last bear engulfing candle and each low is lower than it's prior on the 1 hour.
I think we will see an advance very quickly taking our total MCAP in crypto around 192B by 5/9.
5500 < Bear Flash short (false breakout) 5600> Bullish sentiment long Psycho support: 5650 Major support: 5500 Resistance : 5800 Target: 6000-6100 Monday / Tuesday. Sharp Correction after 6300 is reached short 30-40%
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