BTC : The importance of the $67K area.
An important pennant.
To show you visually why $67K area is so important see the chart below.
Given the extent of the summer Lull, it has formed an extended pennant with lower highs forming the top, and the bottom up-rising support line forming the bottom.
A pennant formation after a bullish rise is very bullish. The longer it consolidates, the higher the break out when it hap…
