Bitcoin

Possible reversal setup for BTC

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We're looking for a 4hr lower high to be set at possibly the 236 or 382 fib level shown here with a bounce to set a new higher high. This would increase the odds of consolidation on the daily chart which could in turn, put us right back on another rally to break 10k. We do still have a hidden RSI divergence on the daily chart so that lessens our chances for a bull reversal but a trader can dream, can't he?

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