Bitcoin is testing extremely strong resistance

BTCUSD Bitcoin vs US Dollar
Bitcoin is testing extremely strong resistance

Bitcoin is testing extremely strong resistance and the upper boundary of the ascending wedge after breaking above the upper Bollinger Band. However, the trend has already been broken, and there is an FVG at the top.


Consolidation above 80,000 will open the way to 84,000 and 88,000;

A break below the lower trend line at 77,500 will send BTCUSD down to 71,000.

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