#BTC

Bitcoin continues to hold this Mid-Range as support

But here's what's interesting:

By simple virtue of the passing of time, the multi-week Downtrend (black) has broken and is now in the process of being retested as support

More, this Downtrend is confluent with the Mid-Range now

And it is this confluence that could bolster this region as a region of support

The post-breakout retest of the Downtrend and Mid-Range area is in progress and a successful retest here would see price attempt a revisit of $93500 over time

$BTC #Crypto #Bitcoin