Bitcoin Market Update 26/07/2021

BYBIT:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin did make the move outside of its trading range with a significant up bar on the daily timeframe . This is a clear SOS (Sign of strength) and possibly a jump accross the creek.

We still testing recent highs so we still need to see confirmation. Todays daily close will tell us more.

Still not seeing signs of distribution.