#Bitcoin is back above the ≈$71.3k resistance. We have been saying for 2 weeks that this is what we expected. Hopefully, you listened and took advantage of the dip.

Closing a 12h or daily candle above will be a really bullish sign but don't jump in immediately at least wait for the retest of previous resistance and look for bullish signs on lower time frames. If #Bitcoin drops below $71.3k it would mean it's going down to probably around $69k before continuing the move up.

In confluence with a break out of the symmetrical triangle this setup looks really good. Retest of the $69k would mean $BTC retests the triangle resistance as well. After that you can most likely guess what's going to happen.

Keep in mind retest isn't a must, most likely we go higher to trap all of those who are late to the party before going down to liquidate them and then continue higher.