$BTC UPDATE Price is currently compressing inside a triangle structure just below a key resistance zone. You can see multiple rejections from this area, showing sellers are active here, but at the same time, higher lows indicate buyers are still stepping in. There is a clear liquidity cluster resting above this resistance, which often acts as a magnet for price. Markets tend to move toward these zones before any major reaction. If price breaks out of this compression to the upside, a move into that liquidity zone becomes highly likely. However, rejection from resistance again could keep the price ranging or push it lower in the short term. DYOR, NFA #Bitcoin #BTC
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