#BTC One of the stipulations for Bitcoin trying to get closer to a reclaim of ~$80400 (orange) on the Weekly was for Bitcoin to Daily Close above this level And this has indeed happened Bitcoin has Daily Closed above ~$80400 and is now dipping to perform a retest A successful retest would see additional upside (as per green circle) and increase chances of a Weekly Close occurring above $80400 later this week Whereas a failed retest would see like downside (red circle), especially if Bitcoin bearish retests ~$80400 (orange) on the Daily timeframe as well The Weekly Close will be most important but this is how I watch the lower timeframes to assess how that Weekly Close could ultimately shape up to be BTC #Bitcoin