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#BTC
bitcoin:native The small timeframe continues to rise!
Yesterday, driven by news from the US-Iran front, there was a sell-off, but it quickly clawed back the losses and pushed to fresh highs again. Now, most of the market is basically waiting for the approval of the Transparency Bill. It should be put to a vote in mid-month—this is a major positive catalyst!
As for the price action: for now, it hasn’t broken through the resistance of the upper trendline suppression, and it’s also filling the previously left-behind gap (the 84k high). At the same time, the 0.618 retracement level of the drop from 98k to 60k is around 83,500!