Will the loss of $75,000 pave the way to $72,000?
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Bitcoin is in a local downtrend, and volume metrics, delta, spot and futures imbalance indicate ongoing selling pressure. The key zone for buyers is $75K: losing it could push the price to $74K–73.5K and then $72K. To change the current scenario, a return above $77.5K is needed, and an additional factor today will be the Fed’s decision.
$BTC #BTC
If this overview was helpful, support the video with a like 👍 and subscribe to the channel.
Bitcoin is in a local downtrend, and volume metrics, delta, spot and futures imbalance indicate ongoing selling pressure. The key zone for buyers is $75K: losing it could push the price to $74K–73.5K and then $72K. To change the current scenario, a return above $77.5K is needed, and an additional factor today will be the Fed’s decision.
$BTC #BTC