Eldal

Bitcoin Retest 36.5k Area

BINANCE:BTCUSDT   Bitcoin / TetherUS
Since we saw a lot of consolidation around this range (black rectangle), I think we will see a retest of this area 36.5k-ish as a retest before btc decides to go up or down further. A drop to 34.1 is also quite possible due to the high volume node there with the VPVR.

Most indicators are still showing overbought, and volume is still declining.

But it is btc, so who knows in the end.

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