$BTC Bitcoin is struggling to regain momentum after forming consecutive lower highs and lower lows. Trading at $73,084.52, BTC has declined 2.85% in 24 hours, with $24.32B in trading volume. Oversold RSI at 32 suggests selling pressure is extended, but a structural recovery requires reclaiming $75,000. Heavy long liquidations and hawkish macro developments remain important risks.
📈 Bias: Bearish | 🎯 Entry: $72,350–$73,000 | 🛡 Support: $73,000 | 🚧 Resistance: $75,000 | 🎯 Targets: $74,200 / $75,900 / $77,500 | ❌ Invalidation: Close below $72,000
Strategy: Monitor support behavior and wait for confirmation before considering an entry. A sustained recovery above $75,000 would strengthen the reversal case.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
📈 Bias: Bearish | 🎯 Entry: $72,350–$73,000 | 🛡 Support: $73,000 | 🚧 Resistance: $75,000 | 🎯 Targets: $74,200 / $75,900 / $77,500 | ❌ Invalidation: Close below $72,000
Strategy: Monitor support behavior and wait for confirmation before considering an entry. A sustained recovery above $75,000 would strengthen the reversal case.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
