BTC Reaches Target at 72K — Critical LevelBitcoin / US DollarCOINBASE:BTCUSDinchartswetrustHello, traders 🚀 Yesterday on the 4H chart we noted that Bitcoin found support at the EMA 100, and the move higher continued from there. On top of the overall strong technical picture, we also got (for now) positive news from the U.S. regarding the Middle East, which helped price quickly reach the second target at 72,000🎯 ❗️❗️❗️Now — stay very sharp. 72,000 is a major level (which I’ve been highlighting for almost 2 months), formed back in early February. Over this period, Bitcoin has already produced three false breakouts above this level, including a very clear bull trap on March 16, which trapped a large number of traders in losing long positions. If we fail to break 72,000 here, a pullback toward 68,700 is possible (EMA 100 & 200 zone marked on the chart). If we break and hold above, the next levels are: – 74,000 (upper channel boundary “red”) – 76,000 (March 17 high) Peace 🤞🏽 ⚠️ Disclaimer: All information shared on this channel is for educational and informational purposes only and is not investment advice. The author is not responsible for your trading decisions. Always manage your risks and make decisions independently.