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$BTC Reclaimed $72,000 But Bears Are Waiting at THIS Level 🐻
Bitcoin perfectly bounced from the Support Trendline at $65,000 and is now trading above $71,000, reclaiming the $72,000 level. Strong reaction from buyers at a key structural zone.
But price is still trading below Bearish Order Block 1 at $76,000. This is the most important level right now.
Two clear scenarios 👇
🔹 Bullish case: HTF candle close above $76,000 flips structure short-term. If that happens, very high chances BTC pushes toward the $86,000–$90,000 zone where Bearish Order Block 2 is waiting for the next liquidity grab.
🔹 Bearish case: Rejection from $76,000, lose the ascending trendline support, and BTC is ready for the next leg down below $60,000, sweeping the $59,800 BOS liquidity.
Key Levels 👇
→ Resistance: $76K (OB1) / $86K–$90K (OB2) / $97,900 (ChoCh)
→ Support: $65K TL / $59,800
→ Decision Zone: $76,000 HTF Close
Until the $97,900 ChoCh level is reclaimed on HTF close, the macro structure stays bearish. Every rally is a retracement until proven otherwise.
Watch the $76K level closely. That's where the next big move decides itself.
TA Only. Not Financial Advice. ALWAYS DYOR.