Bitcoin Analysis (BTC/USD)

SATURDAY
3-AUG

Price took out LW high and seems to be targeting the further upside LQ above $11,000.

On the Daily, price seems unlikely to reverse before breaking the nearby high.
Once the high is broken price may react from the D1 sell zone above since the break of the high could be a bull trap.

On LTF, if price drops down to the buy zone below, buyers may be willing to step in and resume the rally.
This zone took out LW high and buyers may be willing to protect their positions.