$BTC is in resistance but recovered after a short correction. We will continue to monitor it more closely.


Staying above 73,505 could continue the upward movement.
If it breaks the 76,000 high with high volume, the rise toward 79,000 could continue.
The 79,000 level is the lowest peak formed during the entire downward wave. A 4-hour close above it would mark the first high peak in this time frame, and further upward movement is expected.
After that, the 98,000 - 109,000 - 107,000 resistance levels can be monitored.
If it gets rejected at any of the resistances and closes below 70,467 on the 4-hour timeframe, we will follow the support around 68,000-66,000.
On the daily chart, the 65,666 level is important; as long as it stays above, the possibility of continued upward movement remains.
If it closes below 65,666, we will monitor the supports at 63,823 - 62,433 - 60,000 regions.
A daily close below 60,000 would deepen the decline further.
BTC0.58%
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