#BTC
BTC View Update
The lower-level wedge channel has ultimately broken through, and it has surged strongly upward, breaking above the previous high and charging straight toward 70k!
In the short term, resistance around 70265 near 0.5 has been blocking the move. Watch to see whether the smaller timeframe uptrend can continue, or whether the rise driven by news stimulation isn’t sustainable.
The overall pullback has reached the line between strength and weakness. If it breaks above 70265 at 0.5, it will turn into a strong rebound. The 0.618 resistance is around 73232, and the extreme pullback resistance is around 77800!
Brothers, do you think the bull market is really back?
BTC View Update
The lower-level wedge channel has ultimately broken through, and it has surged strongly upward, breaking above the previous high and charging straight toward 70k!
In the short term, resistance around 70265 near 0.5 has been blocking the move. Watch to see whether the smaller timeframe uptrend can continue, or whether the rise driven by news stimulation isn’t sustainable.
The overall pullback has reached the line between strength and weakness. If it breaks above 70265 at 0.5, it will turn into a strong rebound. The 0.618 resistance is around 73232, and the extreme pullback resistance is around 77800!
Brothers, do you think the bull market is really back?