Bitcoin ranging rn. Yellow area's are short term S/R areas while grey areas same on higher TF. IMO price movement is neutral and could break out in both ways. Nevertheless I'll be prepared for both.
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Price @ 1D chart showing that it got rejected at the lower cloud edge and weekly pivot. If we manage to break this level it will act as support
Comment:
Currently @ yellow support zone. I'm expecting that we'll drop further to 3490 area. BTW. don't forget to book in some profits if you're short here.