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March 1st Bitcoin Update

Bitcoin had a very bullish February monthly candle, and $BTC is currently trading near previous all time highs. $BTC is in a strong resistance zone already, and the yellow resistance line is the last resistance target at $74,500. Bears have been getting wrecked trying to find the Bitcoin top, and the $74.5k resistance line will be the last stand for bears. For now $BTC is still in a resistance zone, and I’m interested in seeing if there is a strong rejection here. If BTC continues to trend up then $74.5k will be my next key price target.

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