The weekly on btcusd.
5 weekly sessions have passed since the ATH, if this was a correction we could see an increase in volatility and perhaps even violent bursts, aimed at eliminating as many small fish as possible from the market. This area around 69k usd is a very important resistance, having been a high that lasted 3 years, it will not be easy to break it, something would be needed to move the market, an important news or rumor, usually you never know what it is it was what made the price move, only in hindsight can certain reasoning be made, so don't rely on the news. There was the halving of the block premium (the famous Halving) which was already discounted by the market being a periodic and well-known event, of course now mathematics could come to the aid of the bulls with less BTC put into circulation, we could also witness increases as many hope, but it is better to keep our guard up. If you bought, all you have to do is update your stops/takes, if you want to get in and wait for a drop, I wouldn't want to be in your shoes right now. Of course, if a black swan were to arrive it would be a good thing for those who are short or those who want to buy, but I repeat, we have been following an upward strategy for more than a year, since November 10, 2022 to be exact, so even if it is not easy to predict what will happen, the underlying trend is clear and until we have proof to the contrary, the logical thing is to follow the rise.
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