Bitcoin is back at the shelf that keeps turning it away
BTCUSD1DBullishpublished 03:08 · updated never, that’s the point
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The zone that has capped every rally since July 28 is back in play, and the weekend is coming.
Bitcoin is pressing back into the shelf that has capped every rally since July 28, and because the pair trades through the weekend while the rest of the market’s liquidity providers are offline, a break attempted on thin Saturday or Sunday volume can travel further than the same move would on a weekday before it gets properly tested.