Breakout could happen before the 8:00 a.m. EST but the current sentiment remains (as evident in the fib circles). 1hr and 4hr still show possible action based on . This action is helping other ALTs. I do not trade BTC but I have to admit it is the crypto king until a successor to the throne is declared. So crypto traders must watch it carefully.
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Disclaimer: This is not trading advice. I do not hold any position in BTC . I trade ETH and may at any time have a position or be on the sidelines.