bitcoin analysis

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bitcoin analysisBitcoin / TetherUSBINANCE:BTCUSDTNextGenAlgo Analysis in English The chart suggests a bullish continuation setup, but confirmation is still required. Key Levels Demand Zone / Order Block: 72.8k–73.3k 200-Week EMA: around 69k Major Supply Zone: 77.5k–78.5k Current Price: ~73.7k Bullish Scenario Price holds above the 72.8k–73.3k order block. A move toward the 77.5k–78.5k supply zone becomes likely. A strong breakout and close above 78.5k with increased volume would confirm further upside potential. Bearish Scenario Losing the 72.8k support zone could lead to: A test of the lower rising trendline. Then a move toward the 200-week EMA near 69k. A break below the weekly EMA would significantly weaken the structure. Technical Notes The 77.5k–78.5k area previously acted as strong resistance and selling pressure appeared there. Risk/reward is generally better: On a successful retest of 72.8k–73.3k. Or after a confirmed breakout above 78.5k followed by a retest. Overall Assessment Long-term trend: Bullish Medium-term trend: Neutral to Bullish Short-term structure: Consolidation between 73k and 78k Most likely path at the moment: a move toward the 77.5k–78.5k resistance zone as long as price remains above 72.8k support.