$BTC chart analysis for the week.
After an impressive price breakout, bitcoin is hanging mid-range in it attempt to reclaim the $70k - $72 key zones.
Scenario 1: Price could retrace to $61k test the strength of the uptrend either on the 20 or 40 EMA before a price continuation upwards to $66k - $68k.
Scenario 2: Price could move sideways within the $62k - $63k range before a continuation upwards.
NB: This is not financial advice. #Dyor2024
