YusufBey

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The most bullish scenario for #Bitcoin would be this breakout to $100K in the coming period.
The reason for this is that it invalidates essentially every bearish retest scenario and clearly makes a new higher high.
After such a case, you'd be looking for a higher low, which the previous resistance level then needs to flip as support.
I'm not giving this scenario a lot of value, yet, but it outlines perfectly what the crucial resistance zones are.
For me, a breakout above $84-87K is evidence that we're done with the bear market, and if you look at the statistical impact of the previous crash to
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#Bitcoin is doing all fine.
Higher lows, higher highs on a lower timeframe, and a classic sweep of the $79K level.
No breakout above there, which is quite standard.
I would assume that we'll be testing the resistance again over the course of the next week and that that will be the first moment where #Altcoins start to outperform Bitcoin substantially.
The resistance between $85-90K is still my crucial resistance zone.
If it doesn't hold above $73-75K, trouble area!
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