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#BTC has closed on the 4-hour chart above the 64,700 level.
The dip we will monitor has risen to 61,824. As long as it does not stay below this level, pullbacks will not be a problem. An uptrend is expected to continue.
On the upside, the 67,500 level is a resistance. If it holds above it, you can watch the 75,000-82,885 resistances.
If there is a closing above 82,885 on the daily and weekly, then the first higher high will form according to the most recent downswing wave. This is a positive signal that the rally may continue even further.
If it remains below 61,824, then a dip test could come.
If the weekly close again stays below 57,000, then the likelihood of the decline continuing increases, and the drop may continue toward the 49-50 thousand support levels.