BTCUSDT: Holding Strong – 73K Resistance Test Incoming

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BTCUSDT: Holding Strong – 73K Resistance Test IncomingBitcoin / TetherUSBINANCE:BTCUSDTRatnerHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTC previously traded inside an upward channel, forming higher lows and confirming bullish structure. After a rejection from resistance, price entered a consolidation range, showing a pause in momentum before the next move. Following this, the market continued respecting the ascending channel and maintained its bullish structure. Currently, price is holding above the 70,500 support zone and approaching the 73,000 resistance zone, while staying within the upward channel. This indicates sustained bullish momentum with pressure building near resistance. My Scenario & Strategy As long as BTCUSDT holds above the 70,500 support and respects the ascending channel, the bullish bias remains valid. A breakout above the 73,000 resistance could trigger continuation toward higher levels (TP1). However, if price breaks below 70,500, the bullish scenario would weaken and a deeper pullback could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.