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The daily chart pattern of Bitcoin has shown signs of a breakdown, today’s focus is on whether it can hold above the 75,000 resistance level.
If the four-hour timeframe can once again break through the 75,000 resistance, there is still a second chance for the market to surge higher, with targets looking at the 76,000—78,000—79,000 range.
Therefore, the key to the bulls and bears still lies at the 75,000 resistance:
Until a clear breakthrough occurs, the market remains at risk of a pullback at any time, with the potential for a strong retracement. The support levels to watch are the 71,500—70,500 range.
A conservative approach is to wait for a retracement to this range before considering going long. $BTC #GatePreIPOs首发SpaceX #加密市场小幅下跌