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Not sure if everyone is seeing what’s happening at this $79k level right now.
$BTC is literally knocking on the door of those recent highs again. We had a solid bounce off $77k and now the price action is just grinding sideways right under resistance.
Look at the daily candles. We’ve had higher lows consistently since that $65k dip. If we can clear $79,500 with some real volume, there isn't much stopping us from hitting a new range.
The order book is showing more sell pressure on the ask side though, so don't get too comfortable just yet. A rejection here could easily send us back to $74k for a deeper retest.
Just watching and waiting for the break.
#TreasuryYieldBreaks5PercentCryptoUnderPressure