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#BTC/USDT Market Outlook
Bitcoin is currently cooling off after a sharp rejection from the $73.9k resistance. We are looking for a potential bounce from the psychological support level at $70k or a deeper retest of the daily support zone.
✅ Entry Zone
$70,000 – $70,500 (Look for price stability in this range)
🚫 Stop Loss
$68,800 (Below the recent 4H swing low)
🎯 Take Profit 1: $71,800
🎯 Take Profit 2: $72,900
✅ Take Profit 3: $73,800
Trading Strategy:
The 1D chart shows a long-term bullish trend, but the 1H MACD indicates short-term selling pressure. Patience is key—wait for a confirmed bounce in the entry zone before committing. Always manage your risk according to your wallet size. 🛡️
#BTC #CryptoTrading #3Tips 1h👇 1D👇 4h👇