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The king is finally waking up again, but it's not going to be a smooth ride.
$BTC is sitting right at 72,800 and the tension is real. We just recovered from that nasty dip toward 65k and now we're grinding back toward the local top. The daily chart shows a lot of strength in this recovery, but we are approaching a massive resistance zone near 74k.
If we can't clear 73,800 on the first try, expect some boring sideways movement or a quick retest of 71k to grab more liquidity. Volume is picking up but we need a real surge to break the 76k all time high.
I’m keeping an eye on the 70,900 level as immediate support. As long as we stay above that, the bullish structure is still very much intact.
Don't get over-leveraged here, the volatility is just starting to cook. Keeping it simple and watching the 4H close.
#GateSquareAprilPostingChallenge