Another solid close on BTCUSD yesterday: pair traded as high as 4630 before finishing the day at 4595. Close above the key 4500 level puts the focus back on 5000 and I'm looking for a retest of that level before the end of the week.
A break above 5000 would target channel top/1.382 extension confluence around 5400:
Pair is currently slightly down on the day, but looks like it could be about to push higher for another solid up-day. Short term remains bullish above today's lows and bigger picture remains bullish above Tuesday's corrective low at 3900.
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