Today's BTC Charting Recap So Far

My charting analysis from earlier today:

We retested and rejected EXACTLY off of $66,934, a level I found and talked about last week. Buyers stepped in at around $66,250 and brought the price to a close above the last level.

Buyers will want to keep the price above the level for more upside. As I mentioned, this is a volatility level as we approach the all time highs. I expect to see some larger candles in this range as buyers try to push to all time highs and sellers do everything they can to keep it from getting there. Again, pullbacks in this range are to be expected, the more bullish consolidation we have the better. That is what I am looking for. If we move too quickly to all time highs, the sellers might throw the price off balance. However the inverse is also true where buyers do not want to slow down here for more upside. Where we close today will be important, it is possible that BTC hits the all time high briefly during the overall market's after hours / pre-market on an upcoming day. I would like to hit the all time highs this way rather than normal market hours as the possibility of a larger pullback is lower than when everyone is watching the charts.

At the time of writing, Bitcoin is seeing increased candle movement and is consolidating above $66,934

This flag formation looks to sharp to be a probable bull flag for now.

The RSI is in a great position for buyers if they enter

The next 10-20 minutes (2-4 candles) will be incredibly important

Look at that wick!

When the price retests and rejects, the bigger the wick retracement the more bullish the candle

Buyers would ideally not want the sellers to close a full body candle beneith this level, if we do we might revisit the buy side liquidity down there at $66,550. Regardless, we got to the $66,934 level that I mentioned last week on the day. Awesome to see.

I hope everyone is enjoying their day in the markets