$BTC resistance but recovered after a short correction. We will continue to monitor more closely.
Staying above 73505 could sustain the upward movement. If it breaks the 76000 high with volume, the rise towards 79000 could continue. The 79,000 level is the lowest peak formed during the entire downtrend wave. A 4-hour close above it would mark the first high peak in this time frame, and further upward movement is expected. Subsequently, the 98000 - 109000 - 107000 resistances can be followed. If it is rejected at any resistance and closes below 70467 on the 4-hour timeframe, we will monitor the support around 68000-66000. On the daily chart, the 65666 level is important; as long as it remains above, the possibility of continued upward movement persists. If it closes below 65666, we will follow the supports at 63823-62433-60000 regions. A daily close below 60000 would deepen the decline further.
$BTC resistance but recovered after a short correction. We will continue to monitor more closely.
Staying above 73505 could sustain the upward movement.
If it breaks the 76000 high with volume, the rise towards 79000 could continue.
The 79,000 level is the lowest peak formed during the entire downtrend wave. A 4-hour close above it would mark the first high peak in this time frame, and further upward movement is expected.
Subsequently, the 98000 - 109000 - 107000 resistances can be followed.
If it is rejected at any resistance and closes below 70467 on the 4-hour timeframe, we will monitor the support around 68000-66000.
On the daily chart, the 65666 level is important; as long as it remains above, the possibility of continued upward movement persists.
If it closes below 65666, we will follow the supports at 63823-62433-60000 regions.
A daily close below 60000 would deepen the decline further.