BTCUSDT $66500 Weekly Update W#12: Important W, M, & Q close
Bitcoin is still consolidating above the 3D 21ema.
The macro trend is still up.
The D RSI is near its pivot support (50).
The range 74-60k could be the correction phase before the next potential upside breakout.
The 3D 21ema will remain the main support for now.
The MONTHLY will need to close above $61130
This will mean the Q will close above the $58900 pivot.
The next MAJOR Targets ONCE $80k is taken out are:
$98,000-107,000
$137,000-150,000
Bitcoin is still consolidating above the 3D 21ema.
The macro trend is still up.
The D RSI is near its pivot support (50).
The range 74-60k could be the correction phase before the next potential upside breakout.
The 3D 21ema will remain the main support for now.
The MONTHLY will need to close above $61130
This will mean the Q will close above the $58900 pivot.
The next MAJOR Targets ONCE $80k is taken out are:
$98,000-107,000
$137,000-150,000