BTC is rejecting the ~$73,145 previous daily high. Bitcoin tapped the ~$73,145 imbalance and rejected, which is basically another rejection of the 72K range high region. The ~$73,145 tap is also the previous daily high (PDH), we see that we're currently rejecting that. Rejecting the PDH makes the previous daily low (PDL) a logical target, which is laying at ~$70,466 in this case. If we take out the PDL today, the probability of holding the PDH increases significantly. So, the local battlefield is the range between the PDL and PDH. Leaning more into a bearish bias though. We didn't reclaim the 72K region, so I didn't long. I'm still positioned short here, and I took another TP on my long from earlier this week. If we lose the PDL, the chances are likely we're going to fill the ~$67,000 CME gap. I'll also tp my shorts here. Last day of the week, let's see.(Lennaert Snyder)