As you can see from the chart screenshot, Bitcoin has previously cleared key levels nicely and now has its sights set on the $74K region. If you look at the yellow lines I’ve drawn below, you’ll notice that BTC touched those areas twice, reacted with bullish news and strong buy orders, and made another move upward.


Now, after the latest news from the U.S., Bitcoin has turned downward again. My expectation is that $BTC could clear out the $74K zone and then make another upward move. However, if $74K doesn’t hold, we might see a bounce from the $70K level instead.

I will add my $ETH - $XRP chart soon as-well.

This is not financial advice, just my personal market analysis.