#BTC update current resistance is 70700-71200 if this resistance gets broken above then next target is 74000, and it is not inevitable. Hold your seats for biggest #bullrun of century.
#BTC Moving as per the Pattern build-up and flipped above the resistance area. Price still not broke the neckline which will confirm the pattern. In between, price can retest the support zone back to $66,000 before moving up. Weekly TF also made a deep retest but not significant for now, so moving higher from here is high probable. #Bitcoin
Bitcoin has undergone a significant correction, which is normal in a rising market.
BTC is currently trading above the strong support zone of $64,500 to $66,300. With the weekly closing today, Bitcoin needs to maintain its position above the mentioned support zone. If this week's candle closes above $64,500, a bullish move toward $94,500 is anticipated in the upcoming week. If it closes below the support, there's a possibility of dropping to $38,500 to $40,000. #bitcoin