Everyone is waiting for $BTC to crash below $70K, but I'm watching something completely different 🚨
Bitcoin just dropped toward $72,750, and instead of continuing lower, buyers stepped in and pushed it back above $73K.
Look at the chart. $BTC is now trying to hold the $73,000–$73,400 demand zone. The repeated reactions around this area suggest sellers are struggling to force another breakdown.
My LONG setup:
TP: $76,450
SL: $72,730
I'm expecting a recovery toward $74K first. If buyers reclaim that level and momentum improves, $75K–$76,400 could be the next area to watch.
And there's another interesting possibility. A strong move above the recent highs could put pressure on short sellers and help push $BTC toward $77K.
I'm not ignoring the bearish market. If this support breaks, my setup is invalidated.
But for now, I'm favoring a recovery over another dump.
Let's see if BTC surprises the bears.
Bitcoin just dropped toward $72,750, and instead of continuing lower, buyers stepped in and pushed it back above $73K.
Look at the chart. $BTC is now trying to hold the $73,000–$73,400 demand zone. The repeated reactions around this area suggest sellers are struggling to force another breakdown.
My LONG setup:
TP: $76,450
SL: $72,730
I'm expecting a recovery toward $74K first. If buyers reclaim that level and momentum improves, $75K–$76,400 could be the next area to watch.
And there's another interesting possibility. A strong move above the recent highs could put pressure on short sellers and help push $BTC toward $77K.
I'm not ignoring the bearish market. If this support breaks, my setup is invalidated.
But for now, I'm favoring a recovery over another dump.
Let's see if BTC surprises the bears.
