The whales had a chance to control Bitcoin this week
But they were unable to maintain the price below 60 thousand for a long time

Just as the 70,000 was not accepted, the 60,000 still shows the same thing

The question then is what does the whale do during LH resistance tests - in how many areas did you approach?

62,555 and then 64 thousand

still trying to gain acceptance > 70k

scenario is there for bulls to try to force a break, higher-lows have held over the past couple of weeks

now trying to hold support at prior res, around that 70k level.

Expect messiness $BTCUSD

17 days left till bitcoin halving 🧘

#BTC is forming a nice symmetrical triangle
I'm waiting for an up break

In my analysis of BTCUSD, I mentioned my prediction that Bitcoin will reach a new high in the near future.
However, during yesterday's trading session, the price once again failed to cross the 72K threshold, raising some doubts about my forecast.

First, after breaking above the 68K area and retesting it, I expected a new local high. However, this did not happen.

Secondly, the rise from 62K did not have the momentum it needed.

Taking these factors into account, while I remain bullish in the short term, I am keeping a close eye on the 68-70K area.
If we break below 68K, we can expect the bearish movement to continue, perhaps even testing the 62K support area again.

In my analysis of BTCUSD yesterday, I mentioned my expectation for a new all-time high from Bitcoin in the near future.
However, during yesterday's trading session, the price once again failed to surpass the 72k mark, raising some doubts about my outlook.

Firstly, after breaking above the 68k zone and retesting it, I anticipated a new local high. However, this didn't materialize.

Secondly, the rise from 62k wasn't as impulsive as one had wanted.

Considering these factors, while I remain bullish in the short term, I am closely monitoring the 68-70k zone.
If we break below 68k, we can expect a continuation of the downward move, possibly even testing the support zone at 62k again.