Bitcoin setup for next moveBitcoin / TetherUSBINANCE:BTCUSDTHollowzepBTC 1day is in a larger accumulation range within a macro bull phase For a confirmed recovery from current levels price will need to break out of this 104.5k sideways move to reclaim the 106.8k level with a successful retest to move on upwards and test the ATH 112k area resistance If the 106.8k resistance breaks price down or the retest fails then we likely follow the red arrow to 100.5k first support level in the green box We would need to bounce hard from 100.5k in a classic bottom V pattern to follow the green line back to test the 106.8 resistance for the second time on this idea Obviously if support fails at 100.5k we follow the bottom red arrow down to the 95-93k high demand area in the green box In support of the 100.5k solid support area we see that this level will complete a local Head & Shoulders pattern for a solid bottoming The key levels are 106.8k resistance and 100.5k support creating this recent accumulation range It could also be argued that we are in a larger Head & Shoulders pattern with the bottoming at the 95-93k high demand area...have fun the Institutions are here in force and retail is nowhere to be found