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BTC pushed nicely from around 71,400 up to 73,457, but after that strong move, price started slowing down and moving sideways. Right now it's sitting around 72,700, showing signs of a pullback after the recent pump.
So far, this looks more like consolidation than a full reversal. Buyers are still holding some ground, but momentum has cooled off compared to earlier in the move.
Levels I'm watching closely:
Support:
72,450 — First area where buyers may step in
71,800 — Stronger support if price drops deeper
71,400 — Previous low zone
Resistance:
73,050 — Needs to break to regain strength
73,450 — Recent high
73,660 — Clear breakout level
My view:
As long as BTC stays above 72,450, there's still a chance for another push toward 73,400–73,600. But if 72,450 breaks with strong selling, we could see price drift down toward 71,800.
For now, this is a waiting zone. Not the best place to rush entries better to wait for either a bounce from support or a clean breakout above resistance.
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