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BTC is currently in the 71.8K zone after successfully breaking out of the previous range.
Market structure is beginning to form higher highs and higher lows on the smaller timeframe.
🔹 Resistance: 73.1K – 74K
🔹 Support: 70.5K – 71K
As long as the price stays above the MA30, the short-term trend remains bullish.
However, caution is needed for potential rejection at the nearest resistance area.
#BTC #Bitcoin #CryptoAnalysis