BTC | 6hBitcoin is compressing below its all-time high, with 108k as the local resistance that must be reclaimed for a bullish continuation to retest the highs.
I expect the price to clear some poor highs around 108.8k–109.6k before taking out the bad lows around 106.3k-105.4k
As long as we hold above 104k, I believe we’re in a strong position and expect we will retest the highs.
However, losing the 103k support level would be concerning.
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