🚨 Bitcoin ($BTC /USDT) Set for Big Moves – Key Levels in Focus! 🚨

The $BTC /USDT chart is showing a robust upward channel, indicating strong bullish momentum. Currently priced at $72,312, Bitcoin is near the upper trendline of the channel, suggesting a potential breakout or a pullback to the lower boundary.

🔍 Critical Levels to Watch:

• Resistance Zone: $72,961 USDT – A breakout above this level could trigger a rally toward new highs, attracting fresh buying interest.

• Support Zone: $71,436 USDT – If Bitcoin pulls back, this support is crucial. A dip below might see Bitcoin retrace towards $70,000.

💡 Entry Strategy:

• Long Entry: Consider entering near $71,500 if support holds, targeting a move back to the resistance. Set a stop-loss around $70,900 to protect against a deeper drop.

• Short Entry: If BTC fails at $72,961 and shows rejection, a short entry near $72,500 could be viable, with a stop-loss at $73,200 and a target near $71,000.

📈 Long-term Insight: A breakout above $72,961 could indicate a continuation of the bullish trend, with potential upside to $75,000.

📉 Short-term Risk: A failure to hold support could lead to a re-test of lower levels within the channel.

Stay sharp; Bitcoin is gearing up for a decisive move!

#EthereumPectraUpgrade #BinanceBlockchainWeek #BTCPredictedNewATH #USRateCutExpected