$BTC
Yesterday’s downside move is starting to look like a fakeout.
Price briefly broke below the range but couldn’t sustain it and quickly moved back inside.
From there, it pushed toward the range highs, just as highlighted in the previous update.
If we get a confirmed close above the range, a move toward $71.8k highs becomes highly likely.
That said, price is now approaching strong resistance again, so a rejection after sweeping the highs remains a real possibility