
Daan Crypto Trades|Mar 27, 2025 21:01
BTC This range breakdown & sweep might be a bit slower, but it's also on the back of the sharpest equities sell off since the Yen Carry Trade issues, which coincidentally also marked that last range sweep in August 2024.
I think there was a lot of reason and opportunity to dump this lower, instead it feels like price has just been moving up despite of the wall of worry we're facing.
To really confirm this was just a shakeout/deviation we need to see price trade and hold steadily back above 90K, because technically we're still at a big resistance.
Price will still be heavily influenced by headlines, and with the 2nd of April (Tariff/Liberation Day) approaching, volatility is a guarantee. Would not be surprised to hang around the mid 80Ks for a while until that blows over.
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