Bitcoin's current movement is following a pattern that has been observed before, and it has succeeded in surpassing the resistance area. However, the price hasn't yet broken the neckline, which is important to confirm the pattern. It's possible that the price may retest the support zone and drop to $66,000 before beginning to rise again.
The weekly timeframe has undergone a significant retest, but it's not significant enough to affect the current progress. Therefore, it's highly likely that the price will continue to move higher from its current level.
#DYOR #NFA
