$BTC short-term trading outlook: Watch for selling pressure and confirmation below support before considering a short position.
Key trading levels
Level BTC price
Current price $73,577
Resistance 1 $74,765–$75,117
Resistance 2 $76,548
Support 1 $72,457
Support 2 $71,228
Short setup (conditional):
Entry watch: $74,765–$75,117 after bearish rejection.
Stop loss: Above $76,548.
Target 1: $73,888.
Target 2: $72,457.
BTC is below its daily pivot and the 4-hour trend is down. RSI near 34 also means a bounce is possible, so avoid chasing a short at support.#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #CanNvidiaEarningsEaseMarketConcerns? #BarclaysRaisesBlackRockBitcoinETFStake48%
Key trading levels
Level BTC price
Current price $73,577
Resistance 1 $74,765–$75,117
Resistance 2 $76,548
Support 1 $72,457
Support 2 $71,228
Short setup (conditional):
Entry watch: $74,765–$75,117 after bearish rejection.
Stop loss: Above $76,548.
Target 1: $73,888.
Target 2: $72,457.
BTC is below its daily pivot and the 4-hour trend is down. RSI near 34 also means a bounce is possible, so avoid chasing a short at support.#HotCPIDecemberHikePriced #AnthropicRejectsIPODelayValuationinQuestion #CoreWeaveJumps10%On168%RevenueGrowth #CanNvidiaEarningsEaseMarketConcerns? #BarclaysRaisesBlackRockBitcoinETFStake48%
