BTCUSD retests a speculative level

snapshot

Bitcoin has now obeyed price action laws by dipping into the yellow bar area which is our holding zone as earlier forecasted (check previous posts).
Further retracement may occur as price has entered an iconic fibonacci area.
However, if price respects and reacts around this level, BTCUSD may rally to 28807 and 30700 aforementioned levels.
Technical IndicatorsTrend Analysis

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