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Looks like $BTC is hitting a bit of a wall after that recent rally.
We saw a clean push toward the $78,333 mark but the rejection there was pretty quick. Right now it’s sitting at $75,890 and trying to find some stable ground.
The daily candle is showing a bit of a pullback, which isn't necessarily a bad thing after such a vertical move. If we can hold this $75k level, the bulls might try to consolidate for another go at the highs.
However, if we lose this immediate support, I’d be looking at those previous consolidation zones around $73k as the next place to catch a bounce. Volume looks okay, but we definitely need to see more buying pressure if we want to flip that $78k resistance into support.
Watching the next few hours closely to see if the bid side holds up or if we're heading for a deeper retrace. Keep it tight.
#WCTCTradingChallengeShare8MUSDT