🔥 #BTC Bitcoin Support and Resistance Levels Today
🟢 First support: $73100–$73200 — key defense zone
Near the daily 200-day moving average, this level will determine whether prices can hold steady in the short term.
🟢 Second support: $72600–$72800 — short-term support
Support from the recent 4-hour structure. A break below could accelerate the decline.
🟢 Third support: $70,800–$71,200 — deeper pullback
The next area to watch if the first two support zones fail; this is a projected target zone.
🔴 First resistance: $74600–$74900
Near the 4-hour EMA20 and the middle Bollinger Band.
🔴 Second resistance: $75,900–$76,400
The 4-hour EMA50 and a dense cluster of recent technical resistance.
🔴 Third resistance: $78,800–$80,000
A mid-term trend recovery zone. Reclaiming this level would help reverse the bearish structure.
If BTC rebounds to $74600–$74900, prioritize watching for short opportunities.
If it breaks below $72600 directly, don't chase the short; wait for a rebound to confirm.
If it regains and holds above $74900, shift to watching for a short-term rebound.
If the daily 200-day moving average at $73136 fails, be alert for further downside.
BTC is leaning bearish in the short term today, but has already entered oversold territory. My first choice is not to chase a short at $73379, but to wait for a rebound toward $74500 and look for a better short entry. $BTC
🟢 First support: $73100–$73200 — key defense zone
Near the daily 200-day moving average, this level will determine whether prices can hold steady in the short term.
🟢 Second support: $72600–$72800 — short-term support
Support from the recent 4-hour structure. A break below could accelerate the decline.
🟢 Third support: $70,800–$71,200 — deeper pullback
The next area to watch if the first two support zones fail; this is a projected target zone.
🔴 First resistance: $74600–$74900
Near the 4-hour EMA20 and the middle Bollinger Band.
🔴 Second resistance: $75,900–$76,400
The 4-hour EMA50 and a dense cluster of recent technical resistance.
🔴 Third resistance: $78,800–$80,000
A mid-term trend recovery zone. Reclaiming this level would help reverse the bearish structure.
If BTC rebounds to $74600–$74900, prioritize watching for short opportunities.
If it breaks below $72600 directly, don't chase the short; wait for a rebound to confirm.
If it regains and holds above $74900, shift to watching for a short-term rebound.
If the daily 200-day moving average at $73136 fails, be alert for further downside.
BTC is leaning bearish in the short term today, but has already entered oversold territory. My first choice is not to chase a short at $73379, but to wait for a rebound toward $74500 and look for a better short entry. $BTC
