BTCUSDT weekly outlook

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BTCUSDT weekly outlookBitcoinOANDA:BTCUSDephraimiykkWe closed last week with strong bullish momentum, establishing resistance at 73,475 and support around 72,600 — a solid higher-low structure indicating buyer strength. Going into the new week: Bias: Bullish continuation Price is holding above key support, suggesting sustained buying pressure Market structure still favors higher highs unless support breaks Key Levels to Watch 👇 Support: 72,600 Minor Resistance: 73,475 Psychological Resistance: 74,000 Trade Idea 💡 I’m anticipating a push into 74,000, which is a key psychological level. If price breaks and holds above 74K → continuation toward 74,600 is likely If rejected at 74K → expect a healthy pullback (possibly toward 73K–72.6K zone) before the next leg up Targets 🎯 TP1: 74,000 TP2: 74,600 Invalidation ❌ A strong break below 72,600 support could shift momentum and open downside liquidity Summary: Trend remains bullish, but watch for rejection at 74K. A pullback wouldn’t break the trend — it may actually provide a better entry for continuation longs.