#BTC price has been ranging between $63k and $76k on the weekly TimeFrame since February.
#BTC broke above the $69,100 resistance zone on the 4_hour timeframe during the Asian session on Tuesday.
Not only that, the price broke the EMA-100.
On the 4-hour chart, if the 66k support zone holds, #buylong will aim the local 72K resistance zone.
A strong break above the zone, will see buyers pumping the price higher towards the weekly and daily resistance at $76K.
As long as the price stays above the broken local resistance the bias is bullish.
Entery: 69,300
TP: 1st 72,000
2nd 76,000
S.L: 65,000
Trade #BTC here #BTCBackTo70K
BTC
71,618
+3.50%