#WCTCTradingKingPK


Bitcoin 1. Trend Structure The price is in a short-term uptrend (higher lows and higher highs). It has recovered from the ~70,000 area to 78.5,000. It is currently consolidating at minor resistance. 2. Moving Averages MA5 & MA10 are above MA30 → short-term bullish. Price is sticking to the short-term MA → a sign that upward momentum still exists, but is starting to tire. 3. Key Areas Strong resistance: 79,400 – 80,300 Near support: 77,600 Strong support: 75,000 – 74,900 4. Possible scenarios Further bullish (60%) If it breaks through 79.5K with volume → potential for a continuation to 80K–82K Rejection (40%) If it fails to break through → likely to fall first to 77.5K If it breaks through → could retest 75K 5. Conclusion Bias: Still bullish, but in an area prone to rejection This is not an ideal area for new entries (high risk) Safer: Wait for a clear breakout → follow the rise or retreat to support → safer entry.
BTC-1.79%
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ThisIsTranslateContent:
· 05-09 08:20
Steadfast HODL💎
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ThisIsTranslateContent:
· 05-09 08:20
Buy the dip 😎
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LuckyBag
· 05-03 18:44
buy
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LuckyBag
· 05-03 18:43
good
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LuckyBag
· 05-03 18:43
Paying close attention🔍
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LuckyBag
· 05-03 18:43
Buy to generate 💎
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LuckyBag
· 05-03 18:43
DYOR 🤓
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LuckyBag
· 05-03 18:43
1000x Vibes 🤑
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LuckyBag
· 05-03 18:43
HODL Tight 💪
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LuckyBag
· 05-03 18:43
Bull Run 🐂
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