#BTC The market is in a wait-and-see phase, awaiting a breakout from the current sideways range to determine its next direction: either a break above resistance to continue upward, or a break below support to retest previous lows.
Key levels:
Resistance: 76,350 - 76,530 USDT, followed by the MA99 moving average at 77,528.
Support: 75,620 - 75,900 USDT, followed by the recent low at 74,810.
Price is currently consolidating in a tight sideways range (Consolidation) after the bearish break and the latest sweep at 74,810. Confirmation requires a clear hourly candle close either above 76,350, targeting the 77,500 zone, or below 75,600, which could lead to a decline and another test of the low at 74,810#Bitcoin❗ #BTC #Binance #BTC突破7万大关 $BTC
Key levels:
Resistance: 76,350 - 76,530 USDT, followed by the MA99 moving average at 77,528.
Support: 75,620 - 75,900 USDT, followed by the recent low at 74,810.
Price is currently consolidating in a tight sideways range (Consolidation) after the bearish break and the latest sweep at 74,810. Confirmation requires a clear hourly candle close either above 76,350, targeting the 77,500 zone, or below 75,600, which could lead to a decline and another test of the low at 74,810#Bitcoin❗ #BTC #Binance #BTC突破7万大关 $BTC
