$BTC
📉 BITCOIN UPDATE | BEARISH PRESSURE INCREASING
BTC/USDT — My Personal Technical Research
Bitcoin has dropped further and is now trading around $72,900, according to my latest Binance observation.
My earlier chart showed BTC around $74,200. The additional decline is strengthening my bearish outlook.
🔍 MY TECHNICAL ANALYSIS
• Current BTC Price: $72,900
• Supertrend (10,3): $81,384
• AVL Reference: $74,733
• Previous Major Low: $57,800
BTC is now trading below the AVL and Supertrend reference levels, indicating continued technical weakness.
🔴 MY BEARISH SCENARIO
If selling pressure continues, I am watching:
1. $72,000 — near-term psychological level.
2. $70,000 — important psychological support.
3. $65,000 — potential downside zone.
4. $59,447 — deeper bearish projection from my chart.
🟢 WHAT COULD CHANGE MY VIEW?
A recovery above $74,733, followed by stronger movement towards $76,000, could improve the market structure.
🎯 MY STRATEGY
I am not rushing to buy.
I prefer waiting for confirmation rather than trying to catch a falling market.
My current bias: BEARISH — WAIT & WATCH.
💬 Do you think BTC will reach $65K, or will buyers defend the current levels?
Share your opinion!
— Mr Zaroof | Independent Crypto Research
#MrZaroof09 #Bitcoin #BTC #BTCUSDT #TechnicalAnalysis #CryptoMarket #Binance #BitcoinAnalysis #SpotTrading
📉 BITCOIN UPDATE | BEARISH PRESSURE INCREASING
BTC/USDT — My Personal Technical Research
Bitcoin has dropped further and is now trading around $72,900, according to my latest Binance observation.
My earlier chart showed BTC around $74,200. The additional decline is strengthening my bearish outlook.
🔍 MY TECHNICAL ANALYSIS
• Current BTC Price: $72,900
• Supertrend (10,3): $81,384
• AVL Reference: $74,733
• Previous Major Low: $57,800
BTC is now trading below the AVL and Supertrend reference levels, indicating continued technical weakness.
🔴 MY BEARISH SCENARIO
If selling pressure continues, I am watching:
1. $72,000 — near-term psychological level.
2. $70,000 — important psychological support.
3. $65,000 — potential downside zone.
4. $59,447 — deeper bearish projection from my chart.
🟢 WHAT COULD CHANGE MY VIEW?
A recovery above $74,733, followed by stronger movement towards $76,000, could improve the market structure.
🎯 MY STRATEGY
I am not rushing to buy.
I prefer waiting for confirmation rather than trying to catch a falling market.
My current bias: BEARISH — WAIT & WATCH.
💬 Do you think BTC will reach $65K, or will buyers defend the current levels?
Share your opinion!
— Mr Zaroof | Independent Crypto Research
#MrZaroof09 #Bitcoin #BTC #BTCUSDT #TechnicalAnalysis #CryptoMarket #Binance #BitcoinAnalysis #SpotTrading
