The Bitcoin $BTC price staying above the 75k level is showing strength.
The good thing is that the rise has been slow and steady. Not like the volatile moves of the past.
$BTC does seem to have some minor resistance here as it has hit this level a few times now.
This level around the 76.5k can also be considered as the neckline of the double-bottom formation.
If $BTC gets above this level, the next target would be 90k which is the equal distance from the bottom of the double-bottom.
That would be a +17% move.
Yes, btc will make new highs eventually. Since the moves have been so orderly of late, we can treat it like a stock and take it step by step.
#Bitcoin looking good.