SamSuka
The Long Investor
The Long Investor

patreon


$BTC TOP 20

The $69.1k level is not going to be easy to break out from, it has been a resistance level since March for a reason, so not breaking out with one attempt right now is not a surprise.

Bulls will want to minimise the pull back before attempting the $69.1k level again

So if an ascending triangle is formed just under this level, I would expect a breakout to follow.

I would also not be too concerned if there is a pull back to the 50/200 Day MA at $63.3k either to test this level as support.

$BTC TOP 20

More Creators