Bitcoin reaches new 6-month high price over the weekend.
I wrote in my previous analysis that it would be a bad idea to look for short trades but that the bullish momentum was likely to weaken, so I saw the best potential opportunity as a bearish retracement back to the closest support level at $21,599.
The technical picture has become more bullish over the past day and the recent hours, with the price making a new 6-month high yesterday, and over the past few hours getting established above the former resistance level at $23,629 which now seems to have flipped to become new support.
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