$BTC Bitcoin is facing strong selling pressure, trading around $73,700 with a bearish short-term market structure. The $73,100 support zone is crucial; a breakdown could expose $71,760 and $70,376. On the upside, $74,513 and $76,426 are important resistance levels. RSI near 34 indicates weak momentum and possible oversold conditions. A breakout above $74,513 could trigger a short-term recovery, while a confirmed breakdown below $73,100 may extend the bearish trend.
Market Bias: Bearish 📉
Support: $73,100 | $71,760 | $70,376
Resistance: $74,513 | $76,426 | $78,658
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