Bitcoin Sniping Layers (Patreon)

This chart has been presented in a logarithmic scale to avoid the alarming vertical appearance of the standard chart. 

Currently, Bitcoin is $31,000 above its 200-day moving average, continuing its upward trajectory without any indication of deceleration. 

According to the LILO model, which reveals various historical levels, 59,000 served as an excellent target for strategic positioning last week. However, it seems that 65,211 is emerging as the next significant level to add to a position.  From my previous post, we could soon leave 70K in the dust.