#Bitcoin analysis update ( LTF to HTF ) 

$Btc has been in this 25% range for approximately 90 days. With one deviation below range lows. 
You will also notice this H4 Trend has been very well respected throughout this range. Which we are currently testing along with some support. As long as this general area can hold here I'm looking for continuation back into range highs. 
If $Btc then goes on to breakout above range highs my next target would be the $102k level at the 1.618 fib extension. 
But now let's talk about what happens if instead $Btc loses this area of support. If it loses this level here I would then expect another test of range lows. Which will also be confluent with the Daily Trend most likely. Where hopefully it then continues the uptrend from there. Because if it goes on to lose the Daily Trend and range lows it would also be breaking the bullish market structure on the weekly time frame which is not a good HTF look. (Let's not think about that lol)
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