Bitcoin at Critical Support: Is Another Drop Coming?

Summary

Bitcoin is facing renewed selling pressure as BTC tests a critical support zone on the daily chart.

Key Points

📉 BTC Price: $74,174.98
🔹 Support: $73,000–$74,000
🔹 Major Support: $66,977
🔹 Resistance: $76,000
🔹 RSI (14): 34.37

Market Insight

BTC remains under bearish pressure. A confirmed breakdown below the current support trendline could expose the $66,977 level.

However, if buyers defend support, a recovery toward $76,000 and $80,000 remains possible.

Bottom Line

Bitcoin is approaching a critical turning point. Watch the daily closing price for confirmation.

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