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Something feels different about this $BTC structure.
We’ve been grinding up all week and now we’re sitting at 72,960. If you look at the daily candles, we just cleared that nasty resistance around 71k that kept us suppressed for a while. The bulls are definitely in control right now with 1.27B in volume backing this push.
There’s a clear path toward the 74k local top if we can hold this 72k level as new support. The order book is leaning heavily toward the buyers at 57% which usually means the momentum has legs.
I’m watching for a slight retest of 71,500 to fill some bags before the next leg up. If we close the day above 73,300 it’s basically game over for the bears in the short term. Don't get chopped up in the small timeframes, the big picture is looking solid.
#GateSquareAprilPostingChallenge