BTC Smashes ATH Price Discovery engaged!
Total Market Cap Breakout
The crypto total market cap is poised to breach $3 trillion, fueled by increasing volume and Bitcoin's surge past $81,000 resistance.
Key Indicators
The crypto total market cap is poised to breach $3 trillion, fueled by increasing volume and Bitcoin's surge past $81,000 resistance.
Key Indicators
- Next significant resistance: 2.618 Fibonacci level around $90,000
- Weekly RSI remains overbought, indicating a potential pullback
Trading Strategy
Taking profits below $90,000 in anticipation of possible rejection
Maintaining exposure due to strong upside momentum
Caution: BTC unlikely to break $100,000 on the first attempt given recent rapid gains
Trading Considerations - Watch for rejection at key levels
- Pullback potential
- Momentum favors continuation
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