As Gold and Silver fever takes a break, all eyes are are on Bitcoin again. Price can’t get above the short-term downtrend at 111.5k so it’s near now. Equally to the downside, despite the appalling price action, we still haven’t closed below 106.5k.
There are plenty of buyers below 100k. 114.5k to 115.5k is the pivot area and above should see us to the all time high pretty quickly.
Price action will now happen in the next couple of days as the wedge converges.