📉 BTC — TIGHT CONSOLIDATION & TESTING LOWER MOVING AVERAGE BAND! 🔄
$BTC is trading at 74,799.9 (-1.63%, or roughly Rs20,691,896.34), moving within an active 24-hour range between a high of 76,070.0 and a low of 73,333.0. Price action on this 4-hour chart displays continued sideways compression near the lower end of the recent range, hovering right around the fast MA(7) (74,938.8) while remaining suppressed beneath the MA(25) (75,640.5) and macro structural MA(99) (78,261.7) moving averages.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 72,500.0–74,000.0 (on healthy intraday retracements or retests of the recent structural support base)
🛑 STOP LOSS: 71,200.0
🎯 TP1: 77,500.0
🎯 TP2: 80,000.0
❓Are you watching for Bitcoin to hold this support shelf and reclaim the $75.6K moving average resistance, or expecting a deeper flush toward the low $73K zone? Let's discuss below! 👇
👉 Trade: $BTC
#bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
$BTC is trading at 74,799.9 (-1.63%, or roughly Rs20,691,896.34), moving within an active 24-hour range between a high of 76,070.0 and a low of 73,333.0. Price action on this 4-hour chart displays continued sideways compression near the lower end of the recent range, hovering right around the fast MA(7) (74,938.8) while remaining suppressed beneath the MA(25) (75,640.5) and macro structural MA(99) (78,261.7) moving averages.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 72,500.0–74,000.0 (on healthy intraday retracements or retests of the recent structural support base)
🛑 STOP LOSS: 71,200.0
🎯 TP1: 77,500.0
🎯 TP2: 80,000.0
❓Are you watching for Bitcoin to hold this support shelf and reclaim the $75.6K moving average resistance, or expecting a deeper flush toward the low $73K zone? Let's discuss below! 👇
👉 Trade: $BTC
#bitcoin #BTC #cryptotrading #BinanceSquare #TradingSignal
