Bitcoin is showing its teeth. We are seeing BTC fighting in the $70,900 zone, trying to consolidate to reach yesterday's highs above $71,800.
What does the chart tell us today?
Resistance in sight: $71,000 is the psychological barrier to overcome.
Active volume: There is a lot of movement in the order book, which means the market is awake and ready for the next jump.
Strategy: In times of high volatility, the smartest thing is to keep calm and not trade on impulse. Technical analysis is our best friend!
BTCUSDT
Perp
67,745.1
+1.67%
$USDT