$BTC $BTC The $BTC /USDT pair is currently trading at $71,852.39, down 0.84% in the past 24 hours. The overall trend appears to be bullish, with the price forming higher highs and higher lows. However, there are signs of potential resistance and a possible entry signal for a short-term swing trade.

Support and Resistance:

Immediate Support: $71,436.00 (24-hour low)

Strong Support: $65,596.29 (recent swing low)

Immediate Resistance: $73,620.12 (24-hour high)

Strong Resistance: $74,021.32 (recent swing high)

Entry Signal:

A potential entry signal for a short-term swing trade could be a bearish candlestick pattern, such as a bearish engulfing pattern, forming at the $73,620.12 resistance level. Additionally, a break below the $71,436.00 support level could confirm a bearish trend and provide a better entry point.

Risk Management:

As with any trade, it's important to implement proper risk management techniques. Use stop-loss orders to limit potential losses and take-profit orders to secure profits.#BinanceBlockchainWeek #USJobOpeningsDip #BTCBreak71K #USADPSurges #Write2Earn!