Hey Binancians, hope everyone is doing well.
Here is my current analysis on $BTC .
Bitcoin is currently trading around the 70K area. When price was near 76K, I had already advised my community to consider short positions, and the market moved exactly as expected with a strong decline from that level.
Now $BTC is trading near an important support zone around 70K, where price is showing signs of stability. As long as this area continues to hold, there is a strong possibility of a rebound toward 75K within the next two days.
Long Setup
Entry Range: 70,150 – 70,300
Stop Loss: 68,200
Targets
TP1: 71,500
TP2: 72,000
TP3: 75,000
The current market structure suggests that buyers are defending this demand zone, and a confirmed hold above support could push price toward higher resistance levels.
Invalidation: If BTC breaks below 68,200, bullish momentum weakens and downside pressure may continue.
Are you expecting BTC to hold this support and move toward 75K?