Bitcoin is holdin the price above a strong daily trendline, and this is extremely bullish. In my previous weekly setup, we longed BTC around $65.000, and i think we will go up more. The black rectangle i drawed is the last step to break before the new ATH, and i think we can see a retest of it probably next week. I am not sure we will break it so fast, we will probably range in the $71.000-67.000 area for a while before another leg up. Till $65.000 hold, we are safe
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.