Mihai_Iacob

Bitcoin- Bulls need price back above 66k

BITSTAMP:BTCUSD   Bitcoin
Bitcoin has reached a new ATH, close to my 70k target but couldn't sustain gains and dropped fast around 10%
The price found support in 63k old resistance zone and now is on a pullback.
66k is resistance and bulls really need to reconquer this zone
On the other hand, a drop under 63k would expose 60k support, but most importantly will be an alarm signal that an important top is in place at 69k


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