BTCUSD

Price is bullish on the 4H timeframe. Presently, we see the exhaustion of the bullish steam on the 1h timeframe. This has created a new break of structure which will then call for the mitigation of the last area of supply before the break to the downside.

The mitigation to the supply zone would serve as a catalyst which would result in a drop on BTCUSD to the 41500 demand level.
BTCUSDTrend Analysis

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