A bullish start to the week, the BTC rate is above $72,000. BTC futures on the Chicago Mercantile Exchange - $73,000. Altcoins are also showing growth. The #BTC rate has broken through a number of resistances: a downward trend from ATH on March 14, a volume level of $70,780, a volume level of $72,046.

In yesterday's review they wrote:

“As long as the price is above the volumetric and mirror level of $69,000, we definitely expect continued growth. Additional important signals for growth would again be a breakdown of the level of $69,740 and the downward trend from ATH on March 14.”

And although the daily candle yesterday closed below the volume level of $69,740 and with a bearish shadow on top, buyers retained the initiative and have already broken through two of the three volume levels on the way to the new ATH ($70,780, $72,046, $72,964). What is confusing, however, is that this growth is on small volumes. But the daily RSI and MACD look bullish.

The presence of gaps still confuses me. In addition to the remainder of the previous gap of $63,855-64,920, a new and large one was formed this night, in the range of $68,045-69,075. The “Expensive” signal on the four-hour time frame from our local trends indicator was also broken. All this speaks to the significant interest of buyers at the current moment.

Now a correction of this impulse suggests itself and for growth it would be ideal to close the gap of $68,045-69,075 (unlike in the past, it is even on the daily time frame, which makes its closing in the near future look very, very likely). On this decline, along with a squeeze, a retest of the breakdown of the downward trend since March 14 would have been made.

After the correction of this growth with the likely closing of a new gap, we expect a continuation of the upward movement and an update of the ATH.

As long as the price is above the level of $69,000 and above the EMA 50 of the four-hour TF (currently $68,476 and continuing to grow), there is a high probability of continued growth to the new ATH without correction. Now these supports are key.