BTCUSD 1D TF

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BTCUSD 1D TFBitcoin / US DollarCOINBASE:BTCUSDTRW300Price moved as expected, trending up toward the previous high of 76,022.60. The key question now is whether it has the potential to continue. On the daily timeframe, the 12 and 21 EMA remain bullish (bands flipped green), with the current candle still showing strength. Price is holding above the 50 EMA and interacting with the 100 EMA, which may support further upside. However, a mean reversion back to the support structure remains a valid scenario. If the price reaches that level, four outcomes are possible: 1.The structure holds as support and price trades back to the upside. 2.Price breaks below the structure and begins a bearish trend. 3.Price initially respects the level as support, then breaks below, sweeps liquidity under the structure, and reverses sharply to the upside.