🔥 Bitcoin Break Out After Successful Re-Test

Two days ago I made an analysis on Bitcoin. Here I argued that BTC had to re-test the bearish channel's resistance before continuing the bullish break out.

My two targets got reached today during a massive bullish move in the morning. The past two targets have now turned in support. It might be the case that BTC will trade within the range of 62.5k - 63.5k for a day or so before going up again.

Next target placed at $67k. For the rest of the week, I think that $70k is definitely in the cards.

Happy trading!