BTC/USDT chart review

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BTC/USDT chart review Bitcoin / TetherUSBINANCE:BTCUSDTcryptodailyuk1. Trend β€’ You're in an uptrend (orange line – low breakout). β€’ Structure: higher lows + upside breakout β†’ uptrend. πŸ‘‰ In short: the market is still in an uptrend. βΈ» 2. Key Horizontal Levels Resistance: β€’ ~76,150 β†’ already tested β€’ ~79,150 β†’ main target / strong resistance Support: β€’ ~71,850 β†’ recently released resistance β†’ now support β€’ ~69,000 β†’ key structural level βΈ» 3. Price Action β€’ We see a strong breakout from consolidation β€’ The ~71.8k retest was defended β†’ bulls are in control β€’ The situation is "pushing" upwards in a resistance movement πŸ‘‰ This looks like a classic: breakout β†’ retest β†’ continuation βΈ» 4. RSI / Stoch RSI β€’ You are close to overbought β€’ Momentum is increasing, but: β€’ a short-term pullback is possible Cooling βΈ» πŸ”₯ Scenario 🟒 Bullish (more likely) If: β€’ Maintains above ~71.8k Until: β€’ Attacks 76k β†’ 79k β€’ After breaking 79k β†’ a new ATH impulse is possible βΈ» πŸ”΄ Bearish (if something goes wrong) If: β€’ Falls below 71.8k Until: β€’ Returns to ~69k β€’ Loss of 69k = structural change β†’ deeper correction