At the time of analysis, Bitcoin (BTC/USDT) is trading around $72,600 after a strong bullish expansion that pushed price toward the $74,000 resistance zone.
The market recently printed a sharp impulsive move from $66K โ $74K, confirming strong buyer dominance. However, current price action now suggests short-term cooling.
๐ Market Structure Analysis (1H)
โ Trend: Bullish
โ Structure: Higher High formation
โ ๏ธ Current Phase: Healthy Pullback / Consolidation
Key observations:
Price rejected near $74,050 resistance
Small red candles forming โ momentum slowing
Price holding above MA25 (~70.9K) shows trend still intact
Volume declining after breakout โ normal profit-taking phase
This behavior usually signals continuation setup, not reversal.
๐ฏ Trade Scenarios
๐ข Bullish Continuation Setup
Entry Zone: $71,800 โ $72,200
Targets:
TP1: $73,800
TP2: $75,200
TP3: $77,000
Stop Loss: $69,900
๐ As long as BTC holds above $70K support, buyers remain in control.
๐ด Bearish Pullback Scenario
If price loses $70,000, expect deeper retracement toward:
$68,500 (MA99 support)
Liquidity zone near previous breakout base
This would still remain a macro bullish correction.
๐ง Smart Money Insight
After strong rallies, institutions often:
Take partial profits
Create sideways movement
Re-accumulate before next expansion
Current structure looks like re-accumulation, not distribution.
โ ๏ธ Risk Reminder
Crypto markets remain highly volatile. Always manage risk and avoid over-leveraging โ patience wins more trades than chasing candles.
๐ Final Thought
Bitcoin is not showing weakness yet โ only a pause after momentum expansion. The next decisive move will likely come after liquidity builds around the $72K range.
Are you expecting BTC breakout above $75K or a deeper retest first?
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Full trade Setup by Hassan Bilal official 