$BTC

Our first support area remains located between $74,968 and $77,253. Bitcoin is currently testing this support zone. There is no sign that a major price top has formed, but a pullback in wave (B) or wave (2) remains likely. As long as the price holds above $74,968 this pullback can be interpreted as B-wave pullback in the orange scenario. The lower boundary line of the trend channel can potentially offer some additional support.