📊 BTC 15M Market Observation
Today's session showed a strong battle between buyers and sellers.
🔹 Support: 73,400 🔹 Resistance: 74,198
📈 What happened? ✅ BTC recovered strongly from the 73,400 support zone. ✅ Price moved above MA7, MA25, and MA99. ✅ Buyers pushed BTC toward 74,198. ❌ Sellers defended resistance and rejected the breakout attempt. ❌ Price later moved back below key moving averages.
📊 My observation: • Buyers showed strength during the recovery. • Sellers became aggressive near 74,198. • Volume increased during the move, confirming market participation. • BTC remains inside the 73,400–74,198 range until a clear breakout or breakdown occurs.
🎯 Key lesson: A breakout is not confirmed just because price touches resistance. I prefer to wait for a strong close above resistance before considering it a valid breakout.
❓What do you think comes first?
🟢 Break above 74,198 🔴 Retest of 73,400
