BTC's Next Moves: Key Levels to Watch!
2024-10-30

hello guys!

Technical Analysis:

Primary Uptrend: After a sharp breakout from the triangle pattern, Bitcoin is moving towards the target zone around $73,500–$74,000.

 Two Possible Scenarios (Based on Arrows): 
 
 Scenario 1 (Immediate Rally): BTC could maintain its upward momentum, bypassing the lower support and heading directly towards the upper target zone around $73,500–$74,000.
 Scenario 2 (Pullback and Retest): BTC may temporarily retrace towards the highlighted support area (~$71,500) before resuming the uptrend towards the target zone. This pullback would provide additional support confirmation before a potential rally.
 

In summary, BTC’s next steps could either see a continued surge or a brief retest of support before reaching its triangle target. Keep an eye on these levels for optimal trading setups! 🚀