$BTC
Update
Current Price: $78,915
24h Change: -5.66%
#BTC/USDT Trade Setup
Bitcoin has pulled back after testing recent local highs and is now consolidating near the $78.9K level. Despite the short-term dip, the broader trend remains bullish, with price action still holding above key support zones.
Key Levels to Watch:
Support Zones:
$77,000 – Local support and demand zone
$74,500 – Major structural support from recent breakout
Resistance Zones:
$80,000 – Immediate psychological barrier
$83,500 – Recent intraday high
$85,000 – Bullish extension target
Trade Plan:
Bullish Scenario: A strong bounce off $77K with volume could drive price back toward $80K+, eyeing $83.5K and $85K as targets.
Bearish Risk: A break below $74.5K could signal further downside, with potential moves toward $72K and $70K.
Outlook:
The overall market structure still leans bullish, but short-term consolidation is likely. Watch for price reaction near the $77K level to gauge strength. Expect increased volatility around resistance zones.
Reminder: Always use stop-losses and manage risk appropriately.
#Crypto #BTC #Bitcoin #TradingStrategy2025 #CryptoUpdates
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