#Bitcoin keeps making lower highs and lower lows.
The $76,400 level was a major support zone. It's now acting as resistance, and $BTC has failed to reclaim it on multiple attempts.
We're now trading around $73,500, with the recent lows near $72,700 becoming increasingly important.
Lose those lows and another leg down becomes a real possibility.
But if bulls can finally reclaim $76,400, the picture starts to change.
Until then, the trend is still pointing downwards.
The $76,400 level was a major support zone. It's now acting as resistance, and $BTC has failed to reclaim it on multiple attempts.
We're now trading around $73,500, with the recent lows near $72,700 becoming increasingly important.
Lose those lows and another leg down becomes a real possibility.
But if bulls can finally reclaim $76,400, the picture starts to change.
Until then, the trend is still pointing downwards.
