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#GateSquareAprilPostingChallenge
CURRENT BTC MARKET ANALYSIS AND CONTEXT📉📈
BTC is around $69K–$71K zone right now and recently rejected from $72K–$76K supply.
Market is still reacting to macro + geopolitical uncertainty and what this means is that we’re not trending cleanly yet, we’re in a range and reactionary phase.
The Overall Market Structure is in a range/ consolidation
Key range: Resistance: $72K – $74K
Support: $66K – $68K
Right now price is struggling to break above resistance lower highs forming on lower timeframes. This is short-term weakness and that’s could be our first bearish clue.
Stay sharp fellas,don't get burnt. patience!!!