Last week I already indicated in my analysis of btc that an imbalance had to be filled on the 4h. In the meantime, it has been filled and we are trying to convert the previous resistance level into support, in other words, the bulls are trying with all their might to defend the 105k. If the bulls succeed in this, then in my view nothing will stand in the way of a run to the 115k. I still expect the bears to try to break through the level a few times and perhaps a double bottom will then arise, which is a good conformation for the way up. I will keep you informed. tradingview.com/chart/2QfRkkZO/
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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.