Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After breaking above the $70,000, BTC is heading towards the next potential round number at $80,000
How high can BTC climb?
The marked red arrow represents a significant resistance and overbought zone as it marks the intersection of the upper red trendline and $80,000 round number.
🏹 Thus it would be a robust area to anticipate a potential reversal.
Meanwhile, as long as the 70k holds, a continuation towards the 80k would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly! ~Richard Nasr