BTC $67000 Weekly Update #20:The Correction phase between 73-60k
Bulls are continuing to push after breaking above 64k.
Now price is at 0.618fib (67k).
The next pivot resistance is this correction range is at ~71K (0.888fib).
Both the D and 2D macd are positive. But momentum needs to continue to push the 3D macd to positive.
A Monthly close above 65k, could be considered bullish.
A close above 70-71k would be better.
The next MAJOR Targets ONCE $79-80k is taken out are:
$98,000-107,000
$137,000-150,000
Now price is at 0.618fib (67k).
The next pivot resistance is this correction range is at ~71K (0.888fib).
Both the D and 2D macd are positive. But momentum needs to continue to push the 3D macd to positive.
A Monthly close above 65k, could be considered bullish.
A close above 70-71k would be better.
The next MAJOR Targets ONCE $79-80k is taken out are:
$98,000-107,000
$137,000-150,000
