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BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k. Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally. How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it. BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too. FOLLOW for more #bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

BTC is once again fighting the ultimate 70k-73k resistance. People see this as a make or break for BTC, but it's not actually the case. BTC has sealed it's fate a few hours ago when it's daily candle closed at 71k.

Daily KDJ oscillator has recorded FOMO volume at 71k. People are panic buying at 71k making the 71k zone a strong support for a possible upside rally.

How strong is it? It's so strong, that even if a candle will close below it, price will still bounce back to that zone, and pump beyond it.

BTC is obviously bullish now, and new ATH is comming 74k-76k or even more. Well, 86k or even 107k is possible too.

FOLLOW for more

#bitcoin #BTC #buythedip #TechnicalAnalysis #Marketupdate

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