BTC Daily Hitting Macro Resistance.
BTC daily has clearly seen a bounce from this strong area of resistance, we could just be consolidating before our next move higher, or we could be in distribution and look to see a retracement back to the daily Bullish Orderblock where price is at a discount and then we continue the uptrend.
I would like to see a pull back for the overall health of the market, especially some of these alts have been running super hard and have no kind of retracement, so that's not a great sign as we generally get larger and more aggressive pullbacks when they don't have time to cool off.
I would like to see a pull back for the overall health of the market, especially some of these alts have been running super hard and have no kind of retracement, so that's not a great sign as we generally get larger and more aggressive pullbacks when they don't have time to cool off.
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