$BTC: One Support Zone Could Decide the Next Major Move
Bitcoin's daily structure presents an interesting bullish scenario, but the next reaction could be decisive.
The key swing levels are:
Swing Low: $74,909
Swing High: $87,385
Within this range, a smaller market structure may be developing, potentially forming a Sell-to-Buy (STB) setup alongside a Market Structure Shift (MSS).
The zone I'm watching: $76,100–$77,300.
If buyers defend this area and confirm a bullish reversal, BTC could attempt another move toward $87,385.
A successful breakout above that swing high would strengthen the case for further upside.
However, a daily close below $74,900 would invalidate this bullish structure.
The important distinction: a potential setup is not a confirmed entry.
Would you wait for bullish confirmation inside the demand zone, or stay cautious until BTC reclaims higher levels?
$BTC
#Bitcoin #cryptotrading
Bitcoin's daily structure presents an interesting bullish scenario, but the next reaction could be decisive.
The key swing levels are:
Swing Low: $74,909
Swing High: $87,385
Within this range, a smaller market structure may be developing, potentially forming a Sell-to-Buy (STB) setup alongside a Market Structure Shift (MSS).
The zone I'm watching: $76,100–$77,300.
If buyers defend this area and confirm a bullish reversal, BTC could attempt another move toward $87,385.
A successful breakout above that swing high would strengthen the case for further upside.
However, a daily close below $74,900 would invalidate this bullish structure.
The important distinction: a potential setup is not a confirmed entry.
Would you wait for bullish confirmation inside the demand zone, or stay cautious until BTC reclaims higher levels?
$BTC
#Bitcoin #cryptotrading
