⚡💣$BTC /USDT Technical Analysis:
📊The Bitcoin price chart shows a strong bullish trend with the current price at $76,210. The 24-hour high was $76,849.99, and the 24-hour low was $74,512.19. The 24-hour volume is $3.18 billion.
📈Long Entry: $76,500
🛑Stop Loss: $74,000
💰Take Profit: $80,000
📉Short Entry: $77,000
🛑Stop Loss: $79,000
💰Take Profit: $74,000
📊The 5-minute chart shows a recent pullback from the $76,210 level, but the overall trend remains bullish. The 1-hour chart shows a clear uptrend with higher highs and higher lows. The 4-hour chart shows a consolidation phase after the recent rally.
📝Overall, the technical indicators suggest that Bitcoin is in a strong uptrend. However, the recent pullback could be a sign of a short-term correction. Traders should be cautious and use stop-loss orders to protect their positions.
⚠️Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
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