First we need to understand that BTC will always move in zigzag. Dips will come from time to time because people will always sell when they see a good price.
So as BTC paves it's way up to 73k or even 80k, always expect healthy retracement. So I guess, the ultimate question is, how do we know if it the dip or retracement is still a healthy one? At this point, we will need the KDJ oscillator, it will tell us if the sell volume is bad or if it's just some random whales selling at market price.
If you're not familiar with KDJ, I explained it long time ago in my previous post. The KDJ will tell us if there's a massive sell off that can possibly drag the price lower. Actually, every major exchange has it in their charts.
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