Now let's dive into a short time frame:

Current Price: $69,781

Chart Overview:

- Resistance Levels:

- Immediate resistance at $73,612.

- Next target at $77,604.

Trend Analysis:

- Bullish Trend: Bitcoin is in a clear uptrend, trading within a widening wedge pattern.

- Corrections: Two minor correction areas are identified:

1. Around $70,000.

2. Near $73,000-$73,612.

Price Patterns:

- Widening Wedge: Indicates increasing volatility with higher highs and higher lows.

- Potential Breakout: Price action suggests a bullish breakout toward $73,612 and potentially $77,604 after minor corrections.

Key Observations:

- Support Levels: The support from the widening wedge pattern is holding strong, providing a solid foundation for further gains.

- Minor Corrections: Expected corrections around $70,000 and $73,000 should provide re-entry opportunities for traders.

Conclusion:

- Bullish Continuation: The overall trend is bullish with a high likelihood of reaching $77,604.

- Trading Strategy: Consider buying on dips near $70,000 and $73,000, targeting $73,612 and $77,604.

Actionable Insights:

- Monitor for corrections around $70,000 and $73,000 for potential buying opportunities.

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