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$BTC has now broken 77k.

When an asset is pushing new all time highs, we say it’s in “Blue Sky” territory. Which means there is no previous price history, demand zones, etc. to base overhead resistances upon. We can look to other methods like Fibonacci extensions or diagonal support/resistance lines. 

In this chart I have a previous channel, and the upper line has had a significant about of interaction with price. If we look at that to be the next place price might take a break, it currently sits around 83k.

https://warpcast.com/degen-chad/0x0d8adae2