Bitcoin showing some signs of resistance but still healthy
Keeping this short and sweet. We called a "boom" at 50K last week, we are now over 10% over that target and don't see anything representing a breakdown or weakness besides this small area of resistance around 56690. If this area is retested and rejected a few times please watch out for another slight correction and possible entry points before the next serge upwards. Next targets well over 60K and all time highs but if we don't close past the areas of confluence marked on this chart we will see some sideways and downward action before continuing upwards. Happy Trading!!
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