Hey, guys.
#Bitcoin has become in a local consolidation.
We are in a local uptrend, the price is in a sideways trend, while there is an increase in OI - this is a sign of trend continuation, where the position is accumulating, and the movement will continue after the impulse. At the moment formed fat clusters at the level of 56.5K, which is the lower boundary of consolidation and in addition, the price has fallen into a downtrend, so at the moment there is a high probability that the price for some time will still be in this range, after which we can expect a breakdown with a move to the zone of 63-64.5K, and may still test the local minimum of 56K. The zone that should not be broken down and where the 55.5K scenario will be canceled.
Stay tuned.
