BTC May Test 72K-73K Again - Multi Time Frame Analysis

BTC May Test 72K-73K Again - Multi Time Frame Analysis

On the weekly chart the price broke out from a strong resistance zone at 69K
by creating in this way a new All-Time High near 73777.

So far the trend is still strong and bullish.

On the 60 min chart which is the only clear frame for the moment after the weekly chart
we can see that BTC created a bullish wedge pattern.

This is rising the chances for BTC testing 72K-73K price zone before it takes a clear direction.

If the price invalidates the pattern it is better to accept the loos as I don't know what BTC can do next as it is in a speculative move.

You may find more details in the chart!
Thank you and Good Luck!

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