Bitcoin Defending 75k

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As we can see on the daily chart, Bitcoin is fighting to hold that 75k support. This is an important mark that keeps us well above the 58k low and firmly in bullish territory.

If 75k doesn't hold, we'll probably dip back into the 60s, with 67–68k being the next major support. That still wouldn't be anything really bad, it would even set up a S-H-S pattern, which is a bullish formation.

No matter what happens short-term, we're going higher in the coming months and years. The bull has just woken up, that's my conviction. Six-digit prices will be back soon.

Bitcoin Defending 75k | Ecency