#BTC/USDT ANALYSIS


#Bitcoin is currently testing the horizontal demand zone after a strong breakout from the triangle #pattern and the horizontal supply zone, which is now acting as support. Additionally, an ascending support trendline is also supporting the current price level, indicating strong market structure. If #Bitcoin continues to hold above this demand zone and the support trendline, we can expect a #bullish continuation toward the next resistance levels around $73,000, $75,000, and potentially $78,000. On the other hand, if the price breaks down below the support trendline, it may lead to a pullback toward the previous triangle breakout area around $68,500, $69,000. Keep a close eye on the price action around the current support zone, as holding this level could trigger the next #bullish rally. #CryptoTrading
$BTC
BTC-4,02%
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