$BTC Bitcoin Silk Road and Suggestions

Tonight, whether it can break through 78 is the only chance, otherwise there is no opportunity in the short term.
All the high and low points on the hourly chart of Bitcoin are currently rising, and there is no reason to short.
Unless it can break the triangle, it will test the support zone at 75510-74929 below.
The triangle won't break down, and only if it breaks below 74929 will it revisit the 73537 level.
Conversely, once Bitcoin breaks above the resistance at 76237, this wave of correction will end, and a new round of rally will begin.
Stabilizing above 76237 can target 77573-78283 upward.
Look at the position indicated by the yellow arrow above; Bitcoin has already broken through the 76237 resistance four times without success.
Currently, it is the fifth attempt to break above 76237, and if it still can't get through, the bulls will show signs of exhaustion.
A resistance level that cannot be broken after more than three attempts is difficult for Bitcoin to surpass on its own.
It will only break through with external positive news.
So this is a very critical breakout; if it breaks through, the sky is clear.
If it fails, a correction will begin.

Bitcoin with volume breaks above 76353; pursue long positions on the right side.
Breaking below 75536 with volume and failing to recover indicates a short position on the right side; set good stop-losses.
On the hourly chart, breaking and stabilizing above 76353 targets 77573-78283; if it can't go above 76353, it’s useless.
On the 4-hour chart, breaking below 75519 targets 74537-73778 downward.

Bitcoin's weekly chart is looking good. Why do I say that?
Look at the position circled in the yellow box; a Three Soldiers pattern has appeared here.
The appearance of the Three Soldiers pattern indicates a bullish outlook for the future.
Please pay close attention—this is a weekly-level Three Soldiers pattern.
As long as Bitcoin's weekly correction does not fall below 73606, the next upward target is near 79531.
Breaking through 79531 will open the weekly-level rally.
Why does breaking 79531 open the weekly rally?
Look at the first white arrow on the left; only after breaking 79531 does the subsequent rise occur.
The second arrow shows that testing 79531 as support led to the subsequent rally to 126150.
The third arrow indicates that falling below 79531 caused the decline to around 60k.
Is 79531 important?
Yes, this is the key dividing line between bulls and bears on the weekly chart.
Breaking above favors the bulls; failing to do so favors the bears.
$BTC