Once we break this trendline, we can talk about a bullish expansion — whether it leads to a new ATH or just a lower high is yet to be seen.
For now, bulls are on a mission to save the monthly candle. •Above 94k – bullish •Above 100k – very bullish •Above 102k – extremely bullish •Below 90k – likely we revisit the low 80s or mid 70s
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$BTC #Bitcoin
This is the same context as in March/April.
Once we break this trendline, we can talk about a bullish expansion — whether it leads to a new ATH or just a lower high is yet to be seen.
For now, bulls are on a mission to save the monthly candle.
•Above 94k – bullish
•Above 100k – very bullish
•Above 102k – extremely bullish
•Below 90k – likely we revisit the low 80s or mid 70s