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Bitcoin's been chopping sideways on the 12H chart pretty aggressively. The consolidation pattern we're in looks ripe for a breakout, and honestly I'm watching closely for direction once the US market gets going today.
There's a CME gap sitting below us around the 88.2K level, but we've also got a seriously strong support zone that's held up till now. That's the real tension point. Which way does price want to go?
NY session open is the tell. That's when we'll probably see which side wins.