BTC has been slow grinding upwards each time rejecting strongly on new highs strongly.
Indicates that bears are still wanting it to go lower and there is no buying pressure. Most buying pressure are spikes which indicates a short squeeze instead of real buying power.
News so far has been positive with more crypto adoption and SEC deeming BTC not a security.
This consolidation range will continue and taking quick position for a few %.
These are possible bounce areas I see happening
Trade fechado: objetivo atingido
Good trade, aggressively traded and broke all levels of support even below the golden pocket. There is possibly more downside will monitor and ready to enter hedging position if it breaks below 7200
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