TradeCityPro | Bitcoin Daily Analysis #313

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TradeCityPro | Bitcoin Daily Analysis #313Bitcoin / TetherUSBINANCE:BTCUSDTtradecitypro👋 Welcome to TradeCityPro! Let’s take a higher-timeframe look at Bitcoin with a focus on the daily chart and the broader market structure. ⏳ Daily Time Frame Following its recent bearish wave, Bitcoin has reached the major support level at 60,756 and has shown a positive reaction from this area. ✔️ On the upside, the key resistance level currently sits at 66,290, which marks the highest point reached during the ongoing corrective move. So far, price has only tested this level once, and there are still limited signs of strong buyer dominance in the market. ⭐ If Bitcoin forms a higher low above 60,756, it would be an early indication that buyers are gradually gaining control. In that case, a breakout above 66,290 could trigger a new bullish leg, making it a potential long-entry trigger on lower time frames. 🔔 On the other hand, if price fails to establish itself above the resistance zone and selling pressure returns, bearish momentum could re-enter the market. A breakdown below the 60,756 support level would likely signal the start of the next bearish wave. ⛏ For trading opportunities: 🔹 Long Trigger: A confirmed breakout above 66,290, ideally after a higher low has formed above 60,756. 🔹 Short Trigger: A breakdown below 60,756, especially if accompanied by increasing selling volume and strong bearish momentum. ⚖️ At the moment, Bitcoin is trading between a major support and resistance level, making these two zones the most important areas to monitor for the next significant move. ❌ Disclaimer ❌ Trading futures is highly risky and dangerous. If you're not an expert, these triggers may not be suitable for you. You should first learn risk and capital management. You can also use the educational content from this channel. Finally, these triggers reflect my personal opinions on price action, and the market may move completely against this analysis. So, do your own research before opening any position.