Technical analysis by play_with_the_whales about Symbol BTC on 9/12/2023

Let's make this really simple: Based on the weekly range the range low is at 25.937$ and #btc currently is trading below. Bulls need a daily close above that line in the sand otherwise it would increasingly look like a bearish retest pointing south.Weekly supports at 24.316$, 21.830$ and 19.291$. Monthly support at 23.300$.There's strong confluence around that level with a long standing trendline I expect not to be broken without fundamentally negative news. My current best guess: 1. Back up into the range making this a deviation. 2. Local top around range mid-point. 3. Sideways and bleeding out from there. 4. Strong bounce around monthly support / trendline.So far #btc is behaving well, 1. achieved, now let's see how far this will go up, target is mid of the trading range (~28.000 - 28.200$).2. achieved as well, as described above 4 weeks ago, I'm expecting the range mid point to be the local top now. Let's see what #btc has in store...