#altffins #bitcoin☀️ $BTC price got oversold (RSI ~ 30) near $56.5K support and bounced back up. It broke back above 200-day MA (~$58.7K) and above $60K key level, which signaled resumption of uptrend, and is now approaching our near-term target of $72K. Now we look for the right entry opportunity in Uptrend.

We wait for price to either 1) break above $72K to signal continuation of uptrend, with +10% upside potential to $79K next, or 2) pull back near $60K support for another swing trade entry in Uptrend with 20% upside potential back to $72K.

Full analysis: https://altfins.com/technical-analysis