Let's continue the day with a local review on #BTC đȘ
Not so long ago, namely on the 28th of May, I shared with you my view on the global perspective of the asset movement. Today we will look at the local situation, which I think gives me great hopes for continued growth.
đ Let's take a look at the 4h chart of the asset. On it we can immediately see that the price movement has been in the "Rectangular Triangle" technical pattern for quite a long time. At the moment, there has been a breakdown of its upper boundary, which in turn is the strongest, bullish signal. If the asset manages to consolidate above this level, the growth will continue.
The main local target is the breakdown of the resistance zone at 72823-71295$ - it is the most difficult to break through, as it separates the price from the All-time-high (73800$) update.
