$BTC is stuck between $72,727 support and $75,000 resistance.
Support $72,727 is the Nov 10 low — buyers stepped in there 8 times, and it is the lowest print since Aug 20. Resistance $75,000 is the first recovery test: every bounce this week has been sold below it, and BTC is still under all its major moving averages.
My take: support is more likely to break first. The trend is down, RSI is near 33, and sellers keep capping every bounce under $75,000. If $72,727 gives way, $70,000 is the next stop. A reclaim of $75,000 would change the picture.
BTC holds $72,727 or breaks $75,000 — your number?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
Support $72,727 is the Nov 10 low — buyers stepped in there 8 times, and it is the lowest print since Aug 20. Resistance $75,000 is the first recovery test: every bounce this week has been sold below it, and BTC is still under all its major moving averages.
My take: support is more likely to break first. The trend is down, RSI is near 33, and sellers keep capping every bounce under $75,000. If $72,727 gives way, $70,000 is the next stop. A reclaim of $75,000 would change the picture.
BTC holds $72,727 or breaks $75,000 — your number?
No buy/sell call, just the market. Not financial advice.
#Bitcoin #Ethereum #Crypto
