BTC Flip this local resistance and we can start talking about a reversal of this week's dip. Pretty large inefficiency right above and a weekly candle without a proper wick above. The current weekly displacement (low to high) is also the smallest it has been in the past 2 years. This means that it is extremely likely that the 111K low or 115.3K high still gets broken by the end of the week. Additionally, the currently monthly low & high at 107K & 118K respectively, also have a low chance of holding or it would also be the smallest monthly candle in the past 2+ years. Basically, price action & a larger move is quite likely until the end of the week/month based on the statistics. So keep an eye out for signs of local strength (or weakness), and bet accordingly.(Daan Crypto Trades)