Bitcoin - $BTC
· Current Price: $73,474.89 (-1.00%)
· Market Direction: BEARISH (Short-term)
· Key Levels:
· Resistance: $73,818 (MA7) / $74,845 (24h High)
· Support: $73,390 (Local Low)
· Trend Ratio: 1H chart shows a sharp rejection from $74,179, breaking below the MA(7) and MA(25) with rising sell volume.
· Trading Insight: Short-term momentum favors sellers. Wait for a confirmed retest of the $73,800 resistance or a bounce at the $73,300 support before entering. Do not catch a falling knife.
Bitcoin - $BTC
#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #BarclaysRaisesBlackRockBitcoinETFStake48% #TradFiForBeginners
· Current Price: $73,474.89 (-1.00%)
· Market Direction: BEARISH (Short-term)
· Key Levels:
· Resistance: $73,818 (MA7) / $74,845 (24h High)
· Support: $73,390 (Local Low)
· Trend Ratio: 1H chart shows a sharp rejection from $74,179, breaking below the MA(7) and MA(25) with rising sell volume.
· Trading Insight: Short-term momentum favors sellers. Wait for a confirmed retest of the $73,800 resistance or a bounce at the $73,300 support before entering. Do not catch a falling knife.
Bitcoin - $BTC
#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #BarclaysRaisesBlackRockBitcoinETFStake48% #TradFiForBeginners
