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$BTC BTC Evening Perspective
The hourly chart breaks above the downward trendline and retests for confirmation, currently holding steady at 77,287.
The equal amount target is 79,313, requiring simultaneous support at 77,287 and a breakout above 78,543.
A pullback that does not break the bullish trendline is normal consolidation; a break below would lead to a test of 76,000. If 76,000 holds, there is still potential for a rebound; a break below would look toward previous lows.
Tonight, the US stock market is closed, with smaller volatility, focus on the opening session.
Trading Strategy
Volume-supported steady at 77,565 for long positions, target 78,493-79,227
Volume-supported break below 76,959 for short positions, with stop-loss
4-hour break below 76,098, look at 75,250-74,224