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Bitcoin 🟢
After opening a new week, we received a significant pump of 4% with the price reaching $70 000!
In this case, we should now expect continued growth up to our nearest resistance zone at around ~$71 000, where we need to watch the price reaction. If we see an immediate pullback with a close below this level on the daily chart, we will wait for a substantial cooling down to the nearest support at $66k. However, if there is a confident breakout above the resistance with a close above, it will confirm the continuation of the upward trend up to ~$73 000.
Nevertheless, I personally prioritize a false test of the specified resistance and a subsequent pullback from it.
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