BTC is tracking inside a descending channel on the 4H chart, suggesting a broader correction.
Support is near $74,100 to $72,900, close to the lower boundary.
A bounce from there might see a recovery toward the middle or upper boundary near $79,000.
But a break below that support suggests more weakness is coming.
#MarketStructure
Support is near $74,100 to $72,900, close to the lower boundary.
A bounce from there might see a recovery toward the middle or upper boundary near $79,000.
But a break below that support suggests more weakness is coming.
#MarketStructure
