A week ago, I wrote on Hive.blog that BTC is retesting the support zone. It went through it, but after that, it bounced back. There were major news on the FED, and I think that trust in the markets was low after that. Now, bulls have taken over again, and we can see how the price went through the 25-day moving average. I'm still waiting to see if the price can go through the minor resistance at 67,000. If the price is not bouncing there, we might see a retest at the major support zone of 71,000. After the BTC halving, we can expect the price to move even higher, making new highs.

I am trading price action, and I base my trading decisions on the support and resistance areas. Additionally, I trade with the trend, so momentum should be with me. I use moving averages and MACD to visualize the trend and balance with bulls and bears

Always remember to conduct your own research before trading. Markets are unpredictable, and no one can predict them flawlessly. Also, trade only with an amount you can afford to lose.