#BTC Will it rise?
🔔 Price above $73,750 · Bounce within a downtrend
⏰ 11.11 16:13 UTC | $74,260
📉 Price rose from 73571 to 74260 (+0.9%) in two hours; at 15:00 it spiked to 74474, then pulled back and held above 74000.
📍 Resistance 74,356–74,416 · 74,844–75,668 · 76,095–76,200 | Support 74,035–74,056 · 73,750 · 73,510
↗️ Above $74,416: the likelihood of a move toward 74.8–75.7K increases; the bounce will be confirmed if buyers (CVD) maintain the upper hand, although higher timeframes remain bearish.
↘️ Below $74,035: the bounce can be considered exhausted; the likelihood of a return to 73.75 and 73.51K increases, followed by a move to the lower boundary of the range near 73K.
Summary: The price bounced from 73.4K to resistance at 74.4K, with positive CVD and $4.4 million in short liquidations. The 4h and 1d trends are down, so the picture is mixed.
🔔 Price above $73,750 · Bounce within a downtrend
⏰ 11.11 16:13 UTC | $74,260
📉 Price rose from 73571 to 74260 (+0.9%) in two hours; at 15:00 it spiked to 74474, then pulled back and held above 74000.
📍 Resistance 74,356–74,416 · 74,844–75,668 · 76,095–76,200 | Support 74,035–74,056 · 73,750 · 73,510
↗️ Above $74,416: the likelihood of a move toward 74.8–75.7K increases; the bounce will be confirmed if buyers (CVD) maintain the upper hand, although higher timeframes remain bearish.
↘️ Below $74,035: the bounce can be considered exhausted; the likelihood of a return to 73.75 and 73.51K increases, followed by a move to the lower boundary of the range near 73K.
Summary: The price bounced from 73.4K to resistance at 74.4K, with positive CVD and $4.4 million in short liquidations. The 4h and 1d trends are down, so the picture is mixed.