Today was almost insignificant for BTC: low volumes and weak reaction towards the resistance area. Again, extreme indecision and nothing done.
The good news is that if BTC holds 6.9k, the weekly candle becomes pretty: for the first time, we would close above that resistance.
Bad, however, there is the (for now) absence of any follow-up to the bullish movement of the last 16/4.
The Higher High achieved on the daily TF was not attended at all (non-existent volumes), and this always indicates extreme weakness and still no reason to be bullish.
The two scenarios remain the same: Higher high and break of 7.6 and 8k -> flip of the short bias in Bullish
Refusal to trace higher high and signs of prevalence of offer (engulfing bearish, absorption of 6.9) -> permanence of bearish bias, in agreement with the weekly TF.
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