In the previous analysis (1H) it was stated that 63,500 can temporarily stop the price from moving further up and we were expecting a small drop in #BTC. In fact the mentioned zone stopped BTC from pumping for a couple of days. But BTC has been pumping again since early hours today.
it seems it is finally time for the crucial and decisive move in BTC. a Daily close above the 66,500 level will most probably send BTC towards 69,000 - 71,100 zone and then possibly beyond ATH of 73,800.
So basically we need to see if there's going to be a strong rejection off the 66,500 level or not.
it seems it is finally time for the crucial and decisive move in BTC. a Daily close above the 66,500 level will most probably send BTC towards 69,000 - 71,100 zone and then possibly beyond ATH of 73,800.
So basically we need to see if there's going to be a strong rejection off the 66,500 level or not.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.