#Bitcoin aims to attack the highs and is consolidating around $75K.

If it blasts through $75K with volume, we'll be in for $80-85K this month, as that's where the higher timeframe resistances are.

Yesterday I've made an analysis with several scenarios that I'm looking for.

Clearly, markets have turned upwards and it has provided a lot of strength generally speaking despite the uncertainties in the Middle East.

I would assume that we're having an increased chance of taking scenario 1 (the upper case) from here, if $72K holds as support, I would suggest that the chances of seeing $80K this month have increased to 70%+.

If that happens, the beta on #Altcoins is likely 2-3, which means: 10% move on #Bitcoin, 20-30% or even higher move on #Altcoins.

$BTC

BTC
BTCUSDT
75,487
-1.14%