Bitcoin Near $75K! Whatโs the Next Move? ๐๐
Bitcoin is trading around $75,000 again. Will it break to a new all-time high, or is a correction coming? ๐ค
๐น Technical Analysis:
โ Support Level: $72,500
โ Resistance Level: $76,000
โ Indicators: RSI is in the overbought zone, and MACD shows a bullish crossover.
๐ก Trading Strategy:
๐ Bullish Scenario: If BTC breaks above $76K, the next target could be $80K+.
๐ Bearish Scenario: If it gets rejected, a correction to $72.5K is possible.
๐ฅ Market Sentiment:
Fed policies and institutional buying are providing strong support for BTC. However, whale movements and profit booking may cause short-term volatility.
๐ Whatโs your view? Bullish or Bearish? Drop your thoughts in the comments! ๐ฌ๐
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