Last daily candle closed beautifully breaking 62K resistance with ease, after Powell's speech BTC went very volatile threatening to break 62K resistance but just truly break after a few hours closing the candle at 64K.

It occurred just like I said in my last posts, where I shared a wedge that was being drawn symbolizing a period of accumulation and it was about to break up. That's why you need to stick with technical analysis, they basically provide you the best and most accurate information needed to know what is going in the market. If you fall into these markets narratives without knowing what's really happening, like two weeks ago they were saying that the US was going to pass through a recession or the Japanese market was going to go bankrupt, they are all narratives to make your fear bigger. While everyone was selling in panic, the smart ones were filling their pockets because they stick with a smart trading/investment plan and now how the market really works.

That's why I provide you technical analysis, to help you understanding that every action has a explanation. It's not the BTC chart that will provide you everything and what's going to happen, you need to understand what's going on all global market, only this will show you what really affects the market actions. Basically technical analysis is the safest way to stick with your trading/investment plan, if you knew this two weeks ago you would be half way to your success with half of your pockets filled.

Now talking about BTC we have some new important resistances to break, the most important for now it's the 65K and if it show facilities to break it we could see BTC with enough strength to hit 70K price range and retest new highs. If BTC retreats to 61K price range, a little lower from resistance, it could be a buy opportunity for those who haven't entered yet, but if goes lower than 60K it would be bad for the time short period. For now we must wait for the bullish pattern to fit into all time frames and confirm that bullish trend.

BTC is just like a Shinkansen and no one can stop it.

Stay safe.