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Wait, did we just trap the late shorts?
$BTC finally woke up. After that nasty wick down to 87.5k yesterday, the recovery has been pretty aggressive. We just cleared the 90k psychological level but we're seeing some rejection at the 90.6k local high.
Volume is picking up but these red candles at the top look like profit-taking. If we can flip 90k into solid support, we’re looking at clear air above. If not, expect a retest of the 89.4k area to consolidate.
Watching this 1H close closely.
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