Bitcoin (BTC) Daily Trading Analysis: Oscillation Game Under the Fed's "Rate Hike Shadow"



**Major Direction Assessment:** Oscillation with upside bias (recovery after oversold conditions), but overall downward pressure persists. Short-term conditions do not support a significant rally. Avoid chasing highs blindly.

**Downside Support Range:** Primary support level is 69500–69800 USD. If this range breaks, price will further test the previous low of 68750 USD, and in extreme scenarios may touch the key support at 68500 USD.

**Upside Resistance Range:** First target resistance level is 71500–71800 USD. After a breakout, it will face strong resistance in the 72500–73000 USD zone. The probability of price returning above 74000 USD is extremely low.

🔹 Primarily range-bound
Entry Range: Near 70800–71500 for range trading, target 69200-68500 nearby
BTC-0,94%
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