TheTradingParrot

BTC vs first monthly CPR level

BINANCE:BTCUSDT   Bitcoin / TetherUS
We know BTC respects CPR monthly resistances.

In this case we are about to confront the first resistance after having a few weeks struggling to even hold the central pivots.

Will BTC be able to crash the first green resistance and turn it into support or is it going to be a challenge?

We are approaching it after a few days of bearish 4h and 1h divergences.

Orchestrator started firing from 47.5K.

Bitcoin seems exhausted but there’s still chances we can nail 51k

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