$BTC | Update (4H)

We bounced from the 0.382 Fib for Wave 4 and are now filling the imbalance that was created over the weekend.

For confirmation of Wave 5 and a push towards the 76k region, we need a break above the 72.8k-73k region.

Rejecting this imbalance zone here or that 73k region on a revisit would suggest this move up was a bearish retest, and we’re likely heading lower over the course of the week.

BTC
BTCUSDT
76,995.2
+3.18%