$BTC So far the big push at Monday has been used to take profits.... But bulls have still the upper hand! Price action since Monday's high can be considered as corrective, to allow the MA21 to catch up with price. A mid cycle low at the daily can being formed the next few days. After that, bulls need to break the recent high, to keep the rally for Bitcoin alive. If bulls can't break 87,385 that level will probably mark the top of the weekly cycle and a bigger correction towards the rising MA21 could follow.
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