I think BTCUSD is in consolidation phase after what could be a powerful breakout to 10.000 USD The longer the consolidation the more explosive the price move will be.
In this case, if you look closer the pattern reapeats starting from 6350 to form the first upside break.
1 2 3 4 Breakout Pattern.
1. First, trend to the upside 2. Pullback 3. Retest of previous high 4. Breakout.
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