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Wait, are we actually seeing the breakout hold this time?
$BTC is putting up a fight at the 71,600 level. If you look at the recent candles, we just had a solid push off that local bottom near 68k, and the volume is actually supporting this move back up.
It’s sitting right at a tricky spot. We’ve got some resistance overhead near 73k that’s been a headache before. If it can clear that, we’re looking at those previous highs again. But if the bulls run out of steam here, expect a quick retest of the 70k psychological support.
I’m watching the order book closely. The buy pressure looks decent but doesn’t get too comfortable just yet.
What’s your move if we hit 73k? Hold or take some off the table?
#GateSquareAprilPostingChallenge