BTC has once again received a strong reaction from the $61,964.2 support and, after a modest upward move, has finally closed a 4h candle above the $64,677.6 major resistance for the first time in a long while.


If it manages to close the daily candle above this level tonight, I expect the price to move toward the $66,498.6 target.
Once this target is reached, and as long as the price continues to hold above $64,677.6, we will begin watching the $79,196.9 target zone.
Although this approach may not be ideal, traders already in the position are recommended to use a 4h candle close below $64,677.6 as a very short-term Stop Loss.
I don’t share all of my analyses here. If you want access to the rest, you can message me in private messages.
All analyses I share here under no circumstances constitute investment advice.
#BTC #Bitcoin #Crypto #Crypto #Trading
BTC4.26%
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