BTCUSD IDEA
The nature of the range is consolidation. At the moment there is a high probability of retest of strong resistance 71700 or ATH retest, but only after the retest of these zones it will be possible to follow the formation of prerequisites for the breakout of global resistance 73800.
Resistance levels: 67250, 71750
Support levels: 63800, 59300
Technically, the price is now in the channel 67250 - 63794. The situation is favorable for resistance breakout, which will open a new way to the nearest resistance. Now we can't say about possible ATH renewal. It is necessary to keep watching how the price will approach the key boundaries of the range.
In the mid-term I consider a breakout of 67250 with further growth to 71700-73800
Resistance levels: 67250, 71750
Support levels: 63800, 59300
Technically, the price is now in the channel 67250 - 63794. The situation is favorable for resistance breakout, which will open a new way to the nearest resistance. Now we can't say about possible ATH renewal. It is necessary to keep watching how the price will approach the key boundaries of the range.
In the mid-term I consider a breakout of 67250 with further growth to 71700-73800
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