A few things are happening technically for $BTC
1️⃣ Short-term bullish recovery
Price bounced from around $60K and is now near $71K.
Recent candles are mostly green, showing buyers stepping in.
2️⃣ SAR flipped bullish
The Parabolic SAR dots are below the price, which usually indicates an uptrend continuation.
3️⃣ MACD momentum improving
MACD histogram is green and expanding.
This means bullish momentum is increasing, though the lines are still recovering from earlier bearish territory.
4️⃣ RSI around 65
RSI ≈ 64–65
This is bullish but not yet overbought, meaning the move can still continue before hitting exhaustion.
5️⃣ Key levels
Resistance: ~$74K (visible rejection zone on chart)
Support: ~$69K → ~$64K
📊 Likely scenarios
Bullish scenario
If BTC breaks $74K, next area could be $78K–$80K.
Rejection scenario
If rejected at $72K–$74K, price may pull back to $69K or $66K before the next move.
