Bitcoin Analysis (BTC/USD)

FRIDAY
9-AUG

Price took out the most recent weekly highs and rejected around the range EQ.
As of now, it seems unlikely to seek the sell LQ, which is below LW low.
Further upside LQ could be found above JUL high and seems like the next target.

On the Daily, there are equal highs and lows on both sides with THU closing as an inside candle.
Given the bullish momentum, the equal highs seem like the next target.

On LTF, as longs the current H4 buy zone holds, the buyers should be in control and ultimately seek higher prices above $12,000