I think Bitcoin (BTC) is about to start a bullish breakout. Bitcoin appears to form two bullish continuation patterns in the weekly time frame. But Bitcoin needs to break above the diagonal resistance level of $65,000 to confirm a pattern breakout.
I think the last line of defense for bitcoin bears is hovering around $73,000. Let's hope everyone sees the price close higher before taking any more risks. Or just wait for the market to act. I think it's important to be patient over the next few weeks.
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