BTC 1H -Weekly Forecast
| Key level: $70,835 As long as we hold it still leaning bullish. We’re sitting up near the highs, but let’s be honest volume’s fading small divergence creeping in, so a pullback wouldn’t be surprising. Local resistance: $74,950 – $76,800 If we lose $73.5K, that probably kicks off a correction. Major resistance: $78,870 – $84K $80K is the big psychological level, but wouldn’t be shocked to see a fake breakout above it. Local support: $68,820 – $66,950 If that breaks next stop Major support: $62,750 – $59,800 And yeah, $60K is solid historical support. As long as we’re holding above $71K, there’s still room to push higher. Lose it market likely pulls back. Simple take: We’re high, momentum’s looking a bit tired, divergence is there short-term pullback makes sense. Structure is still bullish for now. Manage your own risk. [link] [comments] |