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$BTC 73371 hit the bottom and touched the 79,000 level, but there was no close above it. If a close occurs above the 79,000 level, the first high peak will have formed according to the last downward wave on the 4-hour chart. This will also be a sign that the uptrend will continue further.
98000 - 109,000 - 107,000 resistance levels can be tracked.
We will track the 733762 bottom; if there is a 4-hour close below it, we expect a decline.
During the decline, the fib 0.618 support of the last upward wave—at the 70165 level—may act as support. If it holds, a renewed rise may come.
If no reversal confirmation is received and the decline continues, the 65666 level is important. As long as price stays above it, the probability of an upward continuation remains.
If there is a daily close below 65666, we will track the supports in the 63823- 62433-60000 area. A daily close below 60000 would mean the decline deepens further.