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#BTC Bitcoin experienced a strong rally yesterday, with the bulls pushing the price up to the 72,000 resistance level. However, the price has remained steadily above the support zone. This week may see a breakthrough of the resistance, continuing the bullish trend and recovering the downward gap. Moving towards the 74-76 range.
On the 4-hour chart, the candlestick pattern shows a double bullish reversal with upward movement. The price is currently staying above the mid-line, and the MACD histogram continues to diverge, indicating strong bullish momentum. Therefore, the outlook remains bullish for this week.
It is advisable to watch the 70,300-69,800 zone for potential bullish entries, with targets around 72,000. If the resistance is broken, the next targets are 74,000-76,000.#BTC #ETH