BTC - When in doubt; Zoom out!🔎

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈 After breaking above the $70,000, BTC is heading towards the next potential round number at $80,000

How high can BTC climb?

The marked red arrow represents a significant resistance and overbought zone as it marks the intersection of the upper red trendline and $80,000 round number.

🏹 Thus it would be a robust area to anticipate a potential reversal.

Meanwhile, as long as the 70k holds, a continuation towards the 80k would be expected.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr