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🚨 $BTC UPDATE!
The market leader $BTC failed to break above the $67,500 resistance once again yesterday.
I see the $67,500 level as the beginning of this resistance block. Because after the sharp drop, the first reaction to it met sellers exactly in that area, and the price was rejected again. This shows me that the sellers started their main defense from the $67,500 level.
Take note...
Between $67,500 and $73,000, almost no volume formed. In early June, $BTC it dropped from $73,000 to $60,000 like a stone from this zone.
That’s why I see the $67,500 level as the start of this supply zone.
If the bulls can break above this level with high volume, a strong short squeeze could begin, and the price could reach the $73,000 level very quickly.
🎯 My final target for this upward move is $73,000.
A piece of advice...
Don’t try to catch the bottom, and don’t listen to those who say “30K is coming” on every dip and “150K for sure” on every rally.
There’s no certainty in the market.
One of the healthiest long-term strategies is to maintain DCA (gradual buy/sell) discipline on both dips and rallies.
#BTC #Bitcoin #ETH #Crypto #Trading #DCA #Liquidity