#BTC failed to hold above the weekly Kijun 🔵, acting as strong resistance.
The Kumo also rejected the lagging span 🟠, adding confirmation of the selling pressure.
A retest of Tenkan 🔴 ($74K) is likely before another attempt to clear Kijun.

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.

