#BTC
Having Weekly Closed below the ~$82200 level, Bitcoin has positioned itself for a post-breakdown bearish retest
If Bitcoin turns ~$82200 into new resistance, price would drop lower within the current Weekly Range
At the moment, Bitcoin is indeed bearish retesting $82200
#BTC
Bitcoin has Weekly Closed below ~$82200
Technically, this now positions price for a bearish retest of this level into new resistance
Bitcoin would need to reclaim this level on the lower timeframes to start removing the bearish bias instilled by this latest Weekly Candle
#BTC
Bitcoin keeps rejecting from the Lower High resistance (black trendline)
In fact, today's Daily candle upside wicked beyond it, only to reject again
More, Bitcoin keeps Daily Closing inside the orange support region and rejecting from the top of it
The Weekly Close will
If #BTC performs a Weekly Candle Close below ~$82500 that would raise concerns of a fake-breakout from the $60k to $80k Macro Range for Bitcoin
Especially if ~$82500 is then bearish retested back into resistance
$BTC #Bitcoin
$TIA - Celestia
TIA has confirmed a breakout from its Macro Accumulation Range
TIA has rallied +50% since discussed in the Altcoin Watchlist
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#TIA #BTC #Celestia