It will be interesting to see if BTCUSD can break the Monthly Resistance & reclaim previous high. It is still 22days until the next candle so there is plenty of time left within the current session.
Also identifying Month Support and comparing it to previous Bullrun of 2017. After BTCUSD failed to reclaim top of 2017 it fell to Support and rejected multiple times.
NOTE: RSI was also extremely overbought during 2017, as it is currently also.
What range do you think price action will operate within this time if we follow and repeat the cycle?
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Agree. Very few people look at the Macro picture. so many are stuck in the lower time frames. The probability of going back down to test prior support is high. BTC does it time and time again. People that have educated themselves know to take profits and wait for the massive pullbacks.