Bitcoin (BTC) Daily Chart: Oscillation Game Under the Fed's "Rate Hike Shadow"



Major Trend Assessment: Oscillation leaning towards consolidation (recovery after oversold), but overall downward pressure remains. In the short term, conditions for a significant surge are lacking. Avoid chasing highs blindly.

Downside Support Zone: The primary support level is 69500–69800 USD. If this zone is breached, price will further test the previous low of 68750 USD, and in extreme scenarios may touch the key support at 68500 USD.

Upside Resistance Zone: The first target resistance level is 71500–71800 USD. After a breakthrough, it will face strong pressure in the 72500–73000 USD zone. The probability of price returning above 74000 USD is extremely low.

🔹 Dominated by consolidation
Entry Zone: Around 70800–71500 consolidation, target 69200-68500 nearby
BTC-1,09%
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