$BTC During the early stages of the previous bull market, price broke above the prior cycle high, consolidated above it, then retested the breakout level before continuing higher.
We could be seeing a similar structure develop here.
$BTC may form a range around these levels before pulling back toward the $69K area and potentially starting the next leg higher.
If that scenario plays out, the $69K–$72K zone could become an attractive area to look for continuation longs.
We could be seeing a similar structure develop here.
$BTC may form a range around these levels before pulling back toward the $69K area and potentially starting the next leg higher.
If that scenario plays out, the $69K–$72K zone could become an attractive area to look for continuation longs.