#BTC broke through the blue box resistance, and a small tobo-like appearance has formed. As long as it stays above 61824, it targets the 71000 level according to the pattern.


During the rise, the 67500 level may act as resistance before the tobo target is reached. Therefore, by paying attention to the stop level, the pattern target can be followed.
If it remains above 67500, you can watch the resistances at 71000-75000-82885. If the daily and weekly close comes in above 82885, then the first higher peak would be formed according to the last decline wave. This is a positive signal that the rally will continue even further.
If it falls below 61824, a new dip test could come. And when the weekly close again stays below 57 thousand, the likelihood of the decline continuing increases, and the drop toward the 49-50 thousand support levels may continue.
BTC-1.22%
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