BTC Daily Update — Nothing Has Changed Yet
Not much has changed since yesterday’s update.
Bitcoin is still following the same plan, and the key levels remain in play.
Price is sitting around the 78k region after rejecting from the 79k to 80k area. That was the first major reaction zone after the squeeze, so now I’m watching whether this move can build real support, or whether the squeeze starts to unwind further.
My current target is still the 73k to 74k region.
That is the area I’m watching for a potential higher low.
If Bitcoin pulls back into that zone and buyers defend it, then this breakout has a much better chance of continuing. From there, I’d be watching for another push back toward 80.6k to 82k.
But if 73k to 74k fails, then the next levels I’m watching are 69.8k and then 67.2k.
That 67.2k level is still the major breakout point for me.
If Bitcoin comes all the way back down and loses 67.2k, then the breakout starts to look much weaker.
For now, I’m not overcomplicating it.
The squeeze happened.
The first major resistance reaction happened.
Now Bitcoin needs to show whether real demand steps in on the pullback.
Key levels I’m watching:
• Current area: 78k
• Main pullback target: 73k to 74k
• First downside level if that fails: 69.8k
• Major breakout point: 67.2k
• Resistance above: 80.6k to 82k
• Bigger upside if reclaimed: 87k region
For me, everything is still in play.
If 73k to 74k holds, Bitcoin can still build from here.
If it fails, I’m watching for a deeper move back into the breakout levels.
Know why you’re being paid, and you’ll know what can take it away.
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