Just monitoring fib levels and value ranges, I can see a scenario like this playing out. I am still looking for a move to the upside on higher timeframes but not before a little more retracement. Also watching the US Dollar Index (DXY) which is demonstrating some weakness after tackling a 20 year resistance level on it's seemingly long term death spiral. More weakness for DXY could give BTC the boost it needs to escape this range.
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