Less common time frame to determine direction of the bulls/bears
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On the 5hr chart, The bulls are battling the bears to see who gains control for the next period.
BTC prices should meet its Support and resistances level in a systematic order (1hr > 2hr > 3hr > 4hr > ... > 1d (that's where everyone panics and it becomes a global news in the next day))
(GMT+8) 11pm and 4am the next day should provide more clarify on the next direction of the BTC price. But I do not expect a crash at least for today.
BTC prices should meet its Support and resistances level in a systematic order (1hr > 2hr > 3hr > 4hr > ... > 1d (that's where everyone panics and it becomes a global news in the next day))
(GMT+8) 11pm and 4am the next day should provide more clarify on the next direction of the BTC price. But I do not expect a crash at least for today.
Note
Re-test of 44.4k completed (2nd re-test now and subsequent re-tests will only increase the likelihood of a breakthrough)
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