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Bitcoin (BTC) has returned to the level of 74,000.. Is this calm before the storm? 🚀
Current price: Trading at 73,950, with clear stability above the psychological support zone.
Support and resistance zones: Strong support: The price clearly retreated to the 73,789 area and rebounded, which is where buyers showed strong strength.
Recent resistance: The first target is to break through the moving averages of MA(7) and MA(25) again, approximately at the 74,100$ - 74,350$ level.
Highs reached: Don't forget we recently touched the level of 76,009$, which means returning to that high is just a matter of time and momentum.
Trading volume indicator: We notice that trading volume (Volume) remains stable, indicating a period of "consolidation" before determining the next direction. #Gate广场四月发帖挑战 $BTC