#BTC #CME_FUTURES
https://www.tradingview.com/x/xgInWCom/
Bitcoin didn't sweep the lows at 22300$ but it quickly reclaim the 22900$ which is good and goes accordingly with analysis...
It's still being rejected from Monthly and Weekly resistances albeit weekly is printing a Spinning Top inside Weekly Order Block (
need Sunday close confirmation).
"Spinning tops candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand."
Price Action isn't great on daily and showing difficult to go above 24k, leaving us with a range between 24k resistance and 22.6k support, where it did breakout from the top trendline and has 70.6% fib as support together with 200 MA on daily!
A sweep of the lows as analyzed previously has a high probability since it's below resistance and PA isn't looking goood!
