BTC's Next Moves: Key Levels to Watch!
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Technical Analysis:
Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.
Two Possible Scenarios (Based on Arrows):
In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀
Technical Analysis:
Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.
Two Possible Scenarios (Based on Arrows):
- Scenario 1 (Immediate Rally): BTC could maintain its upward momentum, bypassing the lower support and heading directly towards the upper target zone around $73,500–$74,000.
- Scenario 2 (Pullback and Retest): BTC may temporarily retrace towards the highlighted support area (~$71,500) before resuming the uptrend towards the target zone. This pullback would provide additional support confirmation before a potential rally.
In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀
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