Yesterday I mentioned that if Bitcoin cannot break below the support around 695 in the near term, it will continue to consolidate at higher levels for multiple days. After repairing momentum, it will still go up to harvest some liquidity.



Currently, the trend has not shown a clear reversal [still doing short positions in batches at high levels]. Taking a break above 719 as the signal for an imminent strong rebound.

Mid-term resistance: 725-730; High-level resistance: 750-760;

Strong pressure zone: 770-790

Lower support: 680-690; 650-660; If both are broken through, don't rush to do shorts. Wait for a long lower wick of more than 1500 points to appear before entering shorts on the right side $BTC
BTC0.55%
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