𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 𝐔𝐩𝐝𝐚𝐭𝐞 – 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 (𝐁𝐓𝐂)
$BTC After a period of strong selling pressure, buyers successfully defended the 74,555 area, indicating the presence of solid demand. From a short-term market-structure perspective, the trend remains bullish as long as price holds above 78,000, which is the critical level protecting against a Break of Structure (BOS).
At present, Bitcoin is consolidating, making directional prediction unreliable. Given these conditions, the optimal trading approach is to remain patient and wait for a confirmed breakout or breakdown, then look to enter on a corrective move rather than during range-bound price action.
The recent price reaction can be interpreted as a bullish kicker, and if key levels are respected with strong acceptance and volume, a continuation to the upside remains a valid scenario.
Key Levels Summary
• 74,555 – Major demand zone / structural support
• 78,000 – Crucial bullish invalidation level (BOS protection)
• Range high / low – Await breakout or breakdown for directional confirmation
I am currently also watching: $BIRB
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