🚨 BTC UNDER SELLING PRESSURE! IS $71K THE NEXT SUPPORT ZONE? 📉
Bitcoin is currently trading around $71,944, down approximately 3.49% over the last 24 hours.
🔴 Bearish Momentum: BTC experienced a sharp sell-off, breaking through multiple intraday support levels.
📊 Volume: Selling volume increased significantly during the breakdown, suggesting strong selling pressure.
🟢 Short-Term Recovery: Price has bounced from the $71,255 low, but the recovery is still relatively weak.
🎯 Important Price Levels:
- Immediate Support: $71,255 – $71,077
- Resistance 1: $72,642
- Resistance 2: $73,424
- Major Resistance: $74,200 – $74,811
Note : before any move , DYR.
What do you think? Will BTC recover above $72.6K, or are we heading toward another breakdown? 👇
#BTC #Bitcoin #CryptoMarket #BinanceSquare #BitcoinAnalysis #CryptoTrading #BTCUSDT
$BTC
Bitcoin is currently trading around $71,944, down approximately 3.49% over the last 24 hours.
🔴 Bearish Momentum: BTC experienced a sharp sell-off, breaking through multiple intraday support levels.
📊 Volume: Selling volume increased significantly during the breakdown, suggesting strong selling pressure.
🟢 Short-Term Recovery: Price has bounced from the $71,255 low, but the recovery is still relatively weak.
🎯 Important Price Levels:
- Immediate Support: $71,255 – $71,077
- Resistance 1: $72,642
- Resistance 2: $73,424
- Major Resistance: $74,200 – $74,811
Note : before any move , DYR.
What do you think? Will BTC recover above $72.6K, or are we heading toward another breakdown? 👇
#BTC #Bitcoin #CryptoMarket #BinanceSquare #BitcoinAnalysis #CryptoTrading #BTCUSDT
$BTC
