Around $68,000, Bitcoin is currently retesting a significant breakout zone that has switched from resistance to important support.
The macro bullish structure is maintained as long as the price stays above this level and the long-term red ascending trendline. A "retest and go" scenario approaching the upper bounds of the orange channel would be confirmed by a successful bounce here.
NFA
https://i.redd.it/3pcsxy4k0nqg1.png
Posted by UniChartz
2 Comments
Alternatively these are always the posts I see before the next leg down
Inhales the copium