71k is the level that determines the change in market structure
We have broken the 6-month sideway trendline. Now I need $BTC to hold above here, close the weekly candle above here.
Do we need to fomo? $BTC will run and we will not have any more dips? I don't know =))) Don't make me a fortune teller =)))))
In the most ideal case, from now until the end of October, we have $BTC above $71k
$71k is the 3D frame resistance. Another confirmation of the most certain change in structure. $BTC has tried to break this resistance 3 times but failed. Exactly 71k5.
The $71k mark is also the 1.618 fibo mark in Bitcoin's most recent downtrend.
$71k will be a confirmation of a strong bullish structure for $BTC for the coming months or a sign of a short-term reversal.
It wouldn't be surprising if $BTC hits $71k and falls. That's not bad.
It would be the next good pause in the market.