On a 4H timeframe, bitcoin has broken out of the major resistance zone and somewhat retested it but...
This re-test seems rather weak, which also left a smaller CME gap with it near the zone.
We expect to see the re-test of that 100K zone, which would give us a proper understanding of whether we will go and expand further to new ATHs or we will go and take all the $ 13 billion of liquidity that is lying near $94-93K.
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