Few relevant details to remember in your brains: 1. Bitcoin | LibreCharts

Few relevant details to remember in your brains:

1. Bitcoin failed at that overhead horizontal resistance ($60k) twice.

2. The first time the price failed to make it over that resistance, there was a >30% price run-up (significant)

3. The second time there was a ~20% price run-up (again significant).

4. The third time ended up being a charm, which we saw recently.

However, after the third time, we witnessed what's known in traditional trading as a "bull trap".