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$BTC is holding very well.
We have had no hard rejections, no massive sell offs and no weak price action.
What we have had is small rejections, and then higher highs.
It has pushed through lots of key levels, as already mentioned, and is chilling, consolidating, building strength to take on the remainder.
We have now been above the Bull market support band, true market mean + STH cost basis for 10 days, with the bull market support band now turning upwards.
We have also had a daily close above the 200D EMA, and from every way i look at it...
It will soon be nicely above that key resistance.
An important thing to understand is that when a price structure is weak, key resistance levels like the 200EMA do not get tagged, and if they do, they get hard rejected...
They definitely do not coil up and have another go, which is what Bitcoin has already done.
The wider market is fully risk on and I am expecting $85k to be breached, likely this week.
#TrumpRejectsIranDeal #WarshTakesFedChair #DailyOrbit