After multiple failed attempts, price has finally cleared the 76K level — a key ceiling for prior rallies that also aligns with the anchored VWAP from this year’s highs.
Getting back above that level is significant. It signals that the average buyer is back in the green and control is shifting back to the bulls
Above 76K, it makes sense to be long BTC. And if momentum builds, there’s room for a broader catch-up move across the broader crypto space.
If you’re looking for trade ideas in this space, that’s exactly what we’re focused on in ASC Crypto.
Louis has been dialed in on this theme and continues to be my go-to for crypto setups.
If you want to follow along, you can join him risk-free.
Stay sharp 😉
Alfonso De Pablos, CMT
Director of Research, All Star Charts
