$BTC We were monitoring 73762 and the level where the decision whether the decline will continue or not would be made. It held this level and an upward movement occurred.

It broke the high-volume level at 79555 and closed above it, indicating that the first high peak of the latest downward wave has been reached, and the first sign that the rise will continue further has appeared.
The new support level to watch during the upward trend is 74937. As long as it stays above this, the upward movement can continue further.
However, during the rise, we will monitor resistance levels at 98000 - 109,000 - 107,000. The 109,000 - 107,000 region will be a particularly important resistance. If it cannot stay above 126,199 from here, a decline may occur.
If a decline happens, the daily support levels at 62433 - 60000 are important. A daily close below 60000 would mean the decline deepens further. This indicates that a deep correction has begun.