This the update of the previous post yesterday. The BTC is close to ATH and prone to break it.
The accumulation forming a traingle (or flag) may lead a rise.
The price is squezzing downward and a descending triangle may target till 40500 to fill the gap.
today it seems that BTC may close under MA200 (like 19th May, 20th Sep) and downtrend is getting stronger maybe till accumulating in 41-42k band
still 3.9 k is a strong support and still ETH in uptrend
if 53.4k is lost, possible targets might be 51k then 47k (green arrows showing fixed volume profile sharpening)
Possible pullback till fib705 area then bounce back to the first resistance area
Fixed range volume profile supports BTC in short term, waiting...
To be or not to be before possible pullback maybe next station is 1.618
BTC may dive to EMA50 positioned at app 38K as healthy correction
