📊 Today's Market Structure
BTC has rebounded strongly from the 60,000 support, forming a higher low.
Price is now around 70,700, trading above MA(7) and MA(25) → short-term bullish.
MA(99) (~79,900) is still far above → overall macro trend is still recovering, not fully bullish yet.
🔑 Key Levels
Support
69,800 – 70,000 (MA25 zone, very important)
67,500 – 68,000 (previous consolidation)
60,000 (major demand & swing low)
Resistance
72,200 – 72,500 (24h high & rejection zone)
75,600
78,000 – 80,000 (near MA99, strong resistance)
📈 Momentum Outlook
Short-term momentum is bullish but cautious.
Price is consolidating after a bounce → looks like bullish continuation if 70k holds.
A clean 4H close above 72.5k could open the door for 75k+.
🎯 Trade Idea (Swing)
Buy zone: 69,800 – 70,200
TP1: 72,200
TP2: 75,600
TP3: 78,000
SL: Below 68,800 (4H close)
⚠️ Invalidation
A strong 4H close below 69k would weaken the bullish setup and may trigger a pullback toward 67k.
Summary:
BTC is in a recovery phase, short-term bullish, but still under major long-term resistance. Bulls need to flip 72.5k for continuation 🚀