$BTC After posting this update, the market only tested 70.2k once before the bulls launched a counterattack. It's rare to see such strong market action on a Sunday, and this rally has caused many people to miss out on this move (I didn't catch it either).

$BTC If the market continues to strengthen, we need to watch 72k. Currently there's consolidation at the minor level, so let's see if there's an opportunity to go long. 74k remains resistance above, but after the previous two rallies, the selling pressure here has been mostly absorbed. If we fail to break through again on the next push up, the bears will quickly hammer the price down!