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During 2021, BTC tested 29.2k-29.8k seven times. The last one being today. See marked black circles in the chart.
This last one (7th) today is way different from the other 6 especially the from previous 2 occasions when it tested those levels during last 2 months.
The main difference is the volume. Today 29k is a fraction in volumes to what...
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BTC has been sideways since 19 May.
Since 22 June BTC established an interim resistance at 35k however also strong support at 32k. Thus the movement area has shrunken.
I noticed that in the last few days BTC consolidated too much within 32-34k.
What is important, along with tight consolidation, the volumes post 22 June reduced at least by 50% compared...