•BTC formed a reversal pattern on D1 and h4 and failed to open below trendline
• Bitcoin is slowly pulling back the early week sell-off and is back in the multi-week bullish channel that has defined BTC price action over the past months. The early-May double high print has also acted as a brake to any recent downside move, and if BTC can keep above the 20-day simple average then a renewed test of the all-time high at $66,987 is back on the cards
• Bitcoin is slowly pulling back the early week sell-off and is back in the multi-week bullish channel that has defined BTC price action over the past months. The early-May double high print has also acted as a brake to any recent downside move, and if BTC can keep above the 20-day simple average then a renewed test of the all-time high at $66,987 is back on the cards
