Bitcoin is setting up for a two-phase move based on current technical structure:
Phase 1 - Rally to 100k (Yellow Line)
Expect initial bounce to test the psychological 100k resistance level
RSI currently at 56.15 provides room for upward movement
This represents a short-term retest of major resistance
Phase 2 - Drop to High-Volume Support Zone
After rejection...
The price dips slightly around October and January. End of summer-related consumption, which may impact Just Eat's revenue.And, in the beginning of the year, people tighten their belts due to high spending in December
