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Evening Bitcoin Strategy
Bitcoin pulled back after surging to 75983, which is normal consolidation.
The pullback is to shake out weak hands and provide better entry opportunities for uninvested capital.
Although it broke below the converging triangle, price has been oscillating above 73833 and has not continued the downtrend.
Two key support levels below:
• 73833 short-term support
• 72883 multiple pullbacks without breaking, strong support
Trading recommendations:
• Volume breakout above 74432: Follow the trend and go long
• Volume break below 73761 with failure to retest: Follow the trend and go short
If the 4-hour level breaks below 73538, watch for 72874–72209 below.
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