BTC Daily: Sellers react from 115,963

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The market is in a sideways range with an active seller initiative targeting 103,528.

Hey traders and investors!

This analysis is based on the Initiative Analysis (IA) method.

On the daily timeframe, the market is in a sideways range with an active seller initiative targeting 103,528.
After the rise to 115,963, we see a seller reaction accompanied by increased volume.

Look for buy setups only when the buyer shows strength — so far, that hasn’t happened.


Wishing you profitable trades!

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