#BITCOIN. A healty pullback before a possible more agress move.

BTC price dropped by 2.12% in the past day, following news of the spot Ethereum ETF approvals. This surprised traders who were optimistic about new all-time highs following the cryptocurrency's strong rally earlier in the week, gaining 9% to $72,000. The sudden decline saw BTC fall from a high of $71,980 on May 21 to an intra-day low of $66,606 on May 24.

This latest move in BTC price I would call a healty pullback / possible fakeout and I expect to see BTC might make a gap up or a climb to as high as 77/78k LVL.

While still keeping my old analysis as a base. (THIS WAS RECENTLY REMOVED BY MODERATORS FOR RESTRICTED CONTENT).

Here is the original numbers from apr 16 analysis.

If price = down from:
Ema 20
Sma 50
=bears will try to push for 60k lvl. If this lvl breaks look for 61.8% Fib r lvl of $54++

If price breaks up from:
MA = $60k - 73k range.
A break + close above 73,777 indicates a resumption of the uptrend to 80k.