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I said in several chats, and replies that BTC would likely retrace to 68,800 and find support there. Looks to be right so far. 

This is a healthy back test of a previous long term resistance line. Let’s hope it holds and flips it to support. A cool off here will let the moving averages catch up and the RSI to reset.

Im a bit of a degen, but also a chad.
Base Maxi




If it holds, it could act as a base for another upward move. However, if it breaks, we might see a retest of the 50-day or even the 200-day moving average levels.