Will Bitcoin Reclaim 72K? Key Levels to Watch for BITSTAMP:BTCUSD by FX_Wealth_Club
BTC/USD 4H Analysis Bitcoin is consolidating just below a key 64,000–67,000 resistance zone after recovering from a strong liquidity sweep around 58,000. Price is holding above short-term support, suggesting buyers remain active, but a confirmed breakout is still required before expecting sustained upside. A decisive close above the resistance zone could open the door toward the higher 72,000 supply area. On the other hand, rejection from resistance may trigger another pullback into the …
BTC/USD 4H AnalysisBitcoin is consolidating just below a key 64,000–67,000 resistance zone after recovering from a strong liquidity sweep around 58,000. Price is holding above short-term support, suggesting buyers remain active, but a confirmed breakout is still required before expecting sustained upside. A decisive close above the resistance zone could open the door toward the higher 72,000 supply area. On the other hand, rejection from resistance may trigger another pullback into the 61,000–60,000 demand zone, where buyer reaction will be important. Key LevelsSupport: 61,000–60,000Resistance: 66,000–67,000Major Supply: 72,000Trading PlanWait for a confirmed breakout above 67,000 for bullish continuation toward 72,000. If price is rejected, monitor the 61,000–60,000 support zone for the next high-probability setup. Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and use proper risk management. My analysis is built around institutional order flow and Smart Money Concepts (SMC), with a focus on Market Structure, Liquidity, Order Blocks, Fair Value Gaps (FVG), Premium & Discount Arrays, and high-probability price actiont. me/Fxwealthclub6Chart PatternsTechnical IndicatorsTrend AnalysisRelated publicationsDisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use. DisclaimerThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in theTerms of Use.