High time frame look
Looking at the BTC Daily chart we are at a heavy resistance zone which is the red line drawn from the highs down, this is a confluence point as we are on the 0.382% retracement fib level too, we need a break and close above the current levels to confirm a breakout, right now we are still within the large range
1: We have a clean breakout leading us up by 10,000 points to $50-52k
2: We have a pullback to $38k before breaking out to the upside
3: Resistance holds and we stay within the blue range bringing us eventually back to $30k
