Post
--Bearish
Bluechip
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BearishWe spent 4 weeks struggling to reclaim the $90K level.
Once $BTC finally did, price swept the highs and immediately reversed, opening with a flat candle back to the downside.
We’re now retesting that exact mid-range level, and this area is far more important than it may appear.
If we fail to flip it, all remaining untested lows are likely to get swept. Ideally, bulls want to see a strong body close above the mid-range to confirm continuation to the upside.
Once $BTC finally did, price swept the highs and immediately reversed, opening with a flat candle back to the downside.
We’re now retesting that exact mid-range level, and this area is far more important than it may appear.
If we fail to flip it, all remaining untested lows are likely to get swept. Ideally, bulls want to see a strong body close above the mid-range to confirm continuation to the upside.
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