$BTCUSD Bitcoin dropped to 73ishK as I said, but buyers stepped in where they needed to. Bitcoin broke above a 2.5 month long sideways range. If this breakout is sustainable one should expect the rally to extend. If they do, even 90K is possible. Or will this lead to a failed breakout and price will drop back into the range? If the daily count is correct, the current cycle is pretty mature, so a pullback could be around the corner. Bulls need to hold the MA21 on that assumed pullback, to keep the hope alive to reach 90K. If they fail and fall back into the range, I'm pretty sure that the lower side om the range will be visited shortly after.
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