Bitcoin Outlook for the day 25th mayBitcoin / US DollarCOINBASE:BTCUSDCrazyTrades247BTC fall below the zone 1 and recovered sharply, currently trading between the zone 2 & 1, following a bearish trendline, recent pullback form the lower level of 74,200 has led to the emergence of rising trendline, if price sustain above 78,570 (Zone-2), then retracement (from 6th may) of the up move (from 30th march - 6th may) might come to end. and a continued move in the upper direction would be warranted. But if price breaks the zone-1 again and moves below 74,200 level then retracement may continue. Important levels * 78150-78550 (Zone-2) is important resistance level, which once taken out we can see good up moves. * on the lower side 74200 or (zone-1) and below is important support. Strict Risk management and Position should be sized according to individuals risk appetite. For Educational Purposes only, Not an Investment Advice