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🚨Bitcoin 10/4 is currently trading around 71.9K after a strong rebound from the lower demand zone. Notably:
🔍 1. Important support zone has been confirmed
The ~70K3 – 70K5 area is acting as a very strong demand zone. Price has reacted multiple times here → indicating large capital is protecting this zone.
📊 2. The market structure is leaning slightly bullish
👉 Signs of a continued recovery trend, not a reversal downward yet.
If BTC holds above 70K:
➡️ Likely to push further up to the 73K – 74K zone
❌ Worst-case scenario:
If it breaks below 70K:
➡️ Short-term bullish structure is broken
➡️ Price could sweep down to the 68.7K liquidity zone (below)
💡 Personal strategy:
Prioritize buying around the support zone
Avoid FOMO in the middle range
Manage risk tightly (with a stop loss below the demand zone)
Tonight, be cautious with the news, brothers
(Personal opinion)