🚨Bitcoin ($BTC ) Analysis
Bitcoin showed positive momentum today, pushing up from the morning level of $73,600 to hit resistance at $74,700. ‼️
However, the 4-hour candle chart shows a long lower wick (downside shadow), signaling buying interest on dips.📉
👉🏻 The key line in the sand remains $74,000; falling below this level signals market weakness. 🚀 To maintain bullish momentum before the market open, BTC needs to hold firm above $74,500—especially with the upcoming PPI report expected to drive market volatility.⚠️
#Bitcoin #CryptoAnalysis #BTC #MarketUpdate
Bitcoin showed positive momentum today, pushing up from the morning level of $73,600 to hit resistance at $74,700. ‼️
However, the 4-hour candle chart shows a long lower wick (downside shadow), signaling buying interest on dips.📉
👉🏻 The key line in the sand remains $74,000; falling below this level signals market weakness. 🚀 To maintain bullish momentum before the market open, BTC needs to hold firm above $74,500—especially with the upcoming PPI report expected to drive market volatility.⚠️
#Bitcoin #CryptoAnalysis #BTC #MarketUpdate
