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I just reviewed Bitcoin's technical levels and something interesting is happening. If BTC manages to stay above $72,000, it could mean we're seeing a true breakout pattern upward. Some analysts talk about a "gap zone" at that level, which basically means there is little support below if things get ugly.
The interesting part is that if this breakout is confirmed, we could see a fairly rapid move toward $80,000. Of course, it's not guaranteed, but the technical numbers suggest it. Volume and buying pressure are things to watch in the coming hours.
Lately, Bitcoin has been trading within these ranges, so any clear breakout could be significant. Is anyone else seeing the same thing on the charts?