$BTC
Things are not looking good right now.
Daily close is approaching and price is currently trading below our most important support zone.
If we get a close below this level, bearish momentum will likely continue and push price lower into the $74K–$72K region.
Buyers still have roughly two hours to reclaim $76.2K. But if they fail, I expect a quick retest followed by further continuation to the downside.
Things are not looking good right now.
Daily close is approaching and price is currently trading below our most important support zone.
If we get a close below this level, bearish momentum will likely continue and push price lower into the $74K–$72K region.
Buyers still have roughly two hours to reclaim $76.2K. But if they fail, I expect a quick retest followed by further continuation to the downside.