BTC MARKET STRUCTURE

BTC on the daily chart broke the 58k low to make a new low at 55600. The 4hr chart is also in line with the daily chart although I expect a range between 55600 and 60k before distributing either downward or upward, if there is an upward distribution then we can target 70k but if there is a downward distribution, there is an Order block at 42k to be tested which gives preference to 42k.....
Trend AnalysisTTM

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