Many of you are asking where $BTC may face rejection. If you study this structure carefully, Bitcoin is forming a sequence of higher highs with aggressive pullbacks, which means the momentum is strong but extended. The key psychological and liquidity zone is around $74,000. If the price surpasses $74K without a strong continuation volume, this area may act as a liquidity trap and a potential rejection zone.
So, the plan is simple: if $BTC breaks and holds above $74,000 with strong volume, the continuation towards $75,500–$77,000 is possible. But if we see weak breakout candles or sharp wicks above $74K, be prepared for a pullback towards the support zone of $71,000–$70,500. Watch the volume closely; the strength or exhaustion of the breakout will decide the next important move.
$BTC BitcoinHits$75K
So, the plan is simple: if $BTC breaks and holds above $74,000 with strong volume, the continuation towards $75,500–$77,000 is possible. But if we see weak breakout candles or sharp wicks above $74K, be prepared for a pullback towards the support zone of $71,000–$70,500. Watch the volume closely; the strength or exhaustion of the breakout will decide the next important move.
$BTC BitcoinHits$75K