BTCUSDT Holding Support - Upside Liquidity in Focus

Apr 10

Hello traders! Here’s my technical outlook based on the current BTCUSDT (1H) chart structure. Price previously moved inside an ascending structure, forming higher lows after a recovery from the bottom. BTC then entered a range, showing consolidation before continuation. After the breakout from the range, price continued higher and is now trading inside a rising channel, maintaining bullish momentum. Currently, the market is holding above the 71,000 buyer zone, which acts as key support. At the same time, BTC is approaching the 72,700 resistance (seller zone), where price has already shown signs of hesitation. This creates a potential decision area near the upper boundary of the structure. As long as BTCUSDT holds above the 71,000 support and respects the ascending channel, the bullish bias remains valid. A continuation higher could push price toward the 72,700 resistance (TP1) as the next upside target. Please share this idea with your friends and click Boost 🚀

Apr 12

Trade closed: target reached

Bitcoin continues its upward trend. We reached our target and the price went even higher, hitting the 74K barrier.