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btcbreak71k

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How do cryptocurrency markets work? The cryptocurrency market is a decentralised digital currency network, which means that it operates through a system of peer-to-peer transaction checks, rather than a central server. When cryptocurrencies are bought and sold, the transactions are added to the blockchain โ€“ a shared digital ledger that records data โ€“ through a process called โ€˜miningโ€™. {spot}(BTCUSDT) $BNB {spot}(BNBUSDT) #BTCBreak71K #BinanceBlockchainWeek #PhantomOutage #USJoblessClaimsDip
How do cryptocurrency markets work?
The cryptocurrency market is a decentralised digital currency network, which means that it operates through a system of peer-to-peer transaction checks, rather than a central server. When cryptocurrencies are bought and sold, the transactions are added to the blockchain โ€“ a shared digital ledger that records data โ€“ through a process called โ€˜miningโ€™.
$BNB
#BTCBreak71K #BinanceBlockchainWeek #PhantomOutage #USJoblessClaimsDip
๐Ÿš€ BTC Break 4H โ€“ Target 78K After several tests of the resistance zone, BTC on the 4H chart has officially broken the structure and closed the candle above the important supply zone. ๐Ÿ“Š 4H Chart Perspective The uptrend structure is still being maintained Break of the strong resistance zone around 71.5K โ€“ 72K Successful retest of the breakout zone 72K ๐Ÿ‘‰ When the old resistance zone becomes support, the probability of further increases is high. Next target: ๐ŸŽฏ 78K โฑ 15-minute Entry Observing the 15m chart, the price is forming a compression triangle structure right above the support zone. Plan: ๐Ÿ“ Long Entry: around 72.5K ๐Ÿ“ SL: below the 71.5K zone #bitcoin #BTCBreak71K #BTC
๐Ÿš€ BTC Break 4H โ€“ Target 78K
After several tests of the resistance zone, BTC on the 4H chart has officially broken the structure and closed the candle above the important supply zone.

๐Ÿ“Š 4H Chart Perspective
The uptrend structure is still being maintained
Break of the strong resistance zone around 71.5K โ€“ 72K
Successful retest of the breakout zone 72K
๐Ÿ‘‰ When the old resistance zone becomes support, the probability of further increases is high.

Next target:
๐ŸŽฏ 78K

โฑ 15-minute Entry
Observing the 15m chart, the price is forming a compression triangle structure right above the support zone.

Plan:
๐Ÿ“ Long Entry: around 72.5K
๐Ÿ“ SL: below the 71.5K zone

#bitcoin #BTCBreak71K #BTC
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