This analysis is for Bitcoin against the dollar BTCUSD and not for Bitcoin against the digital dollar BTCUSDT and it is on the Binance platform chart.
The important area is the area marked with the blue lines that the price is trying to break through now. If the price can hold above 702605 for 5 hours and build on this number, it will resume rising towards 72000 in the short term, then 75450 in the medium term.
However, if the price cannot achieve the above condition, it will be forced to make a corrective decline, and the first
Its medium term stop is at 68637.
Good luck to all. Dr.