Bitcoin

Closely watch price action on the Daily 100SMA

95
So far Bitcoin has rejected the 4H 200 SMA and Monthly Pivot and currently testing the Daily 100SMA. The two levels to watch for a larger move would be the lower diagonal boundary at around 10350 and the Monthly Pivot @ 10880. Targets if price break lower would be the Monthly Pivot around 9700 and if price breaks even lower we could see price test major support @ 9085. If price manages to break above the blue diagonal we could see a test of the Monthly Pivot and a close above that would see a test of the larger purple diagonal which could see a target of 11750 realized if broken

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