Lingrid | BITCOIN closed above the KEY level

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Lingrid | BITCOIN closed above the KEY level

Bitcoin / TetherUSBINANCE:BTCUSDT
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The price perfectly fulfilled my last [IMAGE][IMAGE]BTCUSDT idea. On the daily timeframe, the market closed above the key level. It basically made a false breakout, then formed a big, long-tailed bar on the weekly timeframe. This shows bullish dominance. I think if the market does not lose momentum, it could potentially reach a strong resistance at 73000. If you go lower in the 1H timeframe, the price action forms an ascending triangle and breaks upside, which is a trend continuation pattern. I expect the market to move higher and retest the highs. Another bullish sign is a trendline breakout. It broke and closed above the trendline, indicating a trend shift. My goal is a resistance zone at 69500.

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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ????‍????

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