$BTC top-down


Weekly / Monthly

• price up ~10% from the reasonable lows (limits defending the wicks)

• current rejection seems to have front-ran the Weekly resistance by a few ticks

• line-in-the-sand matches the equilibrium of the Monthly resistance (grey)


4-hourly / Daily

• no clear reason for the 4H to reject: likely higher timeframe rejection

• thanks to the past two-days' closes, daily breaker likely in play

• watching for supports in either zone, though given Weekly/Monthly rejection, favoring just under 95k as support