Looks to me like BTC wants to play in the downward sloping median line. The pink circled upper rung of the pitchfork seems to be providing resistance, for now. While I am bullish overall, I will not be surprised if BTC follows the pink path and trends down to test the median line and/or bottom rung. Lets see what happens in the next few days!
Note
Bounce off the 20 day MA and formed a nice daily outside candle looks likely to test overhead resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.