Max Trades|8月 24, 2026 18:29
BTC
After two and a half months of consolidation, price has finally broken out of its range.
Now there are two key levels to watch to the downside. First, we have the highs of the consolidation phase back in 2024, before BTC broke out and went on to print the current ATH. The other level is the top of the range we just broke out from.
My main area of interest is the $74K–$70K area, as I believe a retest of that level is far more likely than a move all the way back to the previous range highs before we see a continuation to the upside.
Therefore, my plan for now will be to wait for a pullback and then observe the reaction once price trades into that zone.
If buyers step back in and defend that level, this will likely be where I add to my running swing long position.(Max Trades)
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