Bitcoin Evening Analysis

Regardless of the 4-hour or 1-hour timeframe, the left side shows a clear uptrend, and the trend itself has momentum that won't reverse easily.
Pullbacks during an uptrend are normal; it's impossible to only go up without any downside.
From a technical perspective alone, the pullback has likely ended.
Based on a normal 1:1 pullback, it should have dropped to around 68091 to bottom out, but the market stopped declining and reversed at 70414, indicating this is the final stage of this pullback.
• If it continues to break through 72218, watch 73372 above, then the previous high of 74046
• Breaking above the previous high, could further watch around 75690

Trading Suggestions:
• Aggressive long on volume breakout above 71848 and holding steady: chase long positions
Target: 72273 – 73390, true breakout happens after breaking 71848

• On volume breakdown below 70839 with failed retest: chase short positions

4-hour timeframe:
Break below 70556, watch 69273 – 68418 below

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