$BTC Weak rebound, beware of pullback, short on rallies


BTC rebounded for the fourth day, unable to break through the 72000 resistance level, with lower highs forming a converging triangle pattern on the 4H chart. The market remains within the daily-level consolidation range. If it fails to break above 72000 for an extended period, it will inevitably seek support lower.
Strategy: Long positions at low levels should take profits, bearish traders should short on rallies.
BTC2.32%
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