BTC Analysis : Holding Strong! is the next stop $75k?
Looking at the latest BTC/USDT chart, it's clear that Bitcoin is showing massive resilience. After a brief period of uncertainty, we are seeing a strong consolidation above the $68,800 support level,📈
Why this chart matters right now:
1. Strong support: Buyers are defending the $68K- $69K zone aggressively. As long as we hoid this, the bullish structure remains intact
2. Resistance Battle: We are currently testing the $71,100 resistance. A clean breakout above this, could easily trigger a rally towards $75,000+.
3. Market Sentiment: Despire some #WhaleDeRiskETH talk, BTC acting as the anchor for the entire market ⚓
My Strategy: I am closely watching the 4-hour candle close.If we stay above the support, I'm holding my position for the next leg up!
What do you see in the chart? are we heading to a next all time high this week or another small dip?
Let's talk in the comment 👇
