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Current price around 72,900, the trend is clear, and the direction is definite.
Support at 71,000-72,200—if it doesn’t break, don’t look bearish; once it stabilizes, that means go long.
Resistance at 73,500-75,000—if volume expands and breaks through, directly target new highs.
Today’s outlook:
On a pullback to stabilize, go long right away,
If it holds above 73,500, look for 75,000,
If it breaks below 71,000, then (wait for) a higher-level short.
Stabilize at 71,500-72,200 to get on, set a stop loss at 70,800,
The bears are only waiting for selling pressure to build at higher levels before making a move. $BTC