Bitcoin $BTC | The rebound has begun… but the real test lies ahead
In the previous analysis, the $73,400–$73,700 zone was a level to watch. Bitcoin briefly fell below it, then returned to around $73,740; attention is now focused on resistance at $74,500.
Current trading plan:
Entry: $73,100–$73,400 after a clear rebound appears.
Breakout entry: After breaking above $74,500 and holding above it.
First target: $75,100.
Second target: $76,400.
Third target: $77,700.
Exit long: A break below $72,450 and a close beneath it.
If Bitcoin reclaims $74,500, we may see a move toward the next resistance levels. If the price stays below it, that means the rebound has not yet proven its strength.
This time, $74,500 is the key to the next move.
#BTC #Bitcoin #BinanceSquareFamily
In the previous analysis, the $73,400–$73,700 zone was a level to watch. Bitcoin briefly fell below it, then returned to around $73,740; attention is now focused on resistance at $74,500.
Current trading plan:
Entry: $73,100–$73,400 after a clear rebound appears.
Breakout entry: After breaking above $74,500 and holding above it.
First target: $75,100.
Second target: $76,400.
Third target: $77,700.
Exit long: A break below $72,450 and a close beneath it.
If Bitcoin reclaims $74,500, we may see a move toward the next resistance levels. If the price stays below it, that means the rebound has not yet proven its strength.
This time, $74,500 is the key to the next move.
#BTC #Bitcoin #BinanceSquareFamily
