Bitcoin Consolidation Keeps Bullish Roadmap Alive
Bitcoin's price action has been focused on its consolidation phase below a key resistance area. This setup is keeping the bullish roadmap active for now, but also poses a risk of weakening the current structure if the price drops below certain support levels.
The cryptocurrency's short-term chart shows that it remains above its main support level at $74,917. This level serves as an important invalidation point for the current bullish setup and is being closely watched by market participants.
As long as Bitcoin holds above this level, the orange roadmap remains active. However, if the price drops below it, attention would shift towards lower support zones near $73,357, $71,284, and $68,433.




