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🔥✨️💥 BTC Looks primed for another leg up
It would make the most sense to see a retest of local range high (as new low) at 66.5-67k first.
This recent push through resistance is overextended, needs to cool off a little.
Expecting 69k next for the following reasons...
Liquidation, LTF convergences & TRL / OI Delta.
Support at 66.5-67k = 1H SMA's, Ichimoku + previous range highs.
Resistance at 69k = 4H SMA's, descending trendline, previous range lows.
Not to mention this past weekends trap played out perfectly for MM's. The EXACT same playout occurred 3 weekends ago.
More on that later...
$BTC $ETH $AAVE