As expected, ₿itcoin made a strong push towards $80k to try to close the CME gap, but missed out on closing any part of it.

We could still see another push to push out the shorts and close the gap, otherwise this is likely to be the local top.

Bitcoin

It ended the week with a Hanging Man candle indicating a trend reversal, located near the top of the parallel channel.

Waiting for a few weekly closes below ~$75K to confirm.

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