$BTC 24h Price Movement Forecast

Current Price Reference: 71,301

Macroeconomic Factors: There is currently no clear one-sided trend in the macroeconomic landscape, and volatility is likely to amplify as event windows approach. My conclusion will be based on whether key price levels are held or broken.

Multi-period chart analysis:

4H: Oscillating (structure determines the overall direction)

1H: Bullish (determines today's main trading range)

15m: Oscillating (determines whether to follow the trend/pullback)

5m: Bearish (determines entry triggers and true/false breakouts)

Today I'm only focusing on two price levels:

Key resistance level R: 71,817 (A break above this level followed by a pullback confirms a bullish bias)

Key support level S: 70,800 (A break below this level followed by a pullback that fails to break through confirms a bearish bias)

24h two scenarios (based on confirmation):

Bullish scenario: A valid break above R followed by a pullback confirming the breakout → Initial target around 72,026, with a stronger target around 73,077. Be aware of pullbacks after rallies.

Bearish scenario: A valid break below S followed by a pullback that fails to break through → Initial target around 70,492, with a weaker target around 69,540. Acceleration is likely.

Invalid condition: If the price fluctuates between R and S, treat it as range-bound trading (avoid chasing highs and lows in the middle of the range).

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