Bitcoin Is Quietly Brewing

Bitcoin quietly brewing

BTC has shown notable resilience during the latest bout of market chaos. BTC is pushing the highest levels since early February. Note that BTC is still stuck inside the range that has been in place since late January. A break above $72k would be the first real technical signal that the consolidation is ending, opening the door for a test of the bigger channel highs and the 50 day MA (currently around $76k).