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BTCUSDT Analysis: Bullish Momentum and Key Support Zones

BTCUSDT is currently trading around 75,740 USDT after a recent bullish push, suggesting strong upward momentum. The chart shows clear support zones (highlighted in purple) that Bitcoin could revisit in case of a pullback, specifically around 74,000 USDT and 72,500 USDT.

If BTC holds above these support levels, it could gain further traction to reach new highs, with targets in the 78,000 USDT - 80,000 USDT range. The current trend suggests that if Bitcoin retraces and tests the support, it could present a buying opportunity for traders looking to join the next potential leg up.

Keep an eye on these critical levels, as a break below the 72,500 USDT support might indicate a shift in trend. However, for now, the bullish scenario remains intact, with promising upside potential if buyers continue to dominate.
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BTCUSDT: Wave 1 Momentum Continues, Backed by Dow Theory

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