Bitcoin (BTCUSD) has recently surpassed the $73.80 level and closed the last four-hour candlestick above this mark. This development reinforces the expectation of a sustained bullish trend in the upcoming sessions, with the price potentially advancing towards the next target of $75.24. A breach of this level could set the stage for a further rally to $76.68 as the next correctional target.
The bullish outlook will remain valid as long as the price stays above the $73.80 support level. A decline below this threshold could alter the current trend.
Today’s anticipated trading range is between a support level of $72.40 and a resistance level of $75.40.
Trend Forecast: Bullish
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