🚨 Bitcoin has broken below the decision zone… and the bearish scenario is starting to take hold! 🐻
$BTC
Remember the two levels we talked about earlier: $73,674 and $74,500.
📉 What just happened?
- Bitcoin broke below $73,674 and dropped beneath it.
🎯 The levels we’re watching:
- Nearby support: $72,750.
- A break below this level could open the way toward $72,000, then $71,000.
- First resistance: $73,150–$73,350.
- Reclaiming $73,674 and holding above it could ease the downward pressure, while $74,500 remains an important resistance level.
⚠️ The CCI indicator is in deeply negative territory, reflecting selling pressure, but this does not necessarily mean a rebound is imminent.
$ETH
💬 Share your predictions: 72K, or a move back above 74K?
$BTC
Remember the two levels we talked about earlier: $73,674 and $74,500.
📉 What just happened?
- Bitcoin broke below $73,674 and dropped beneath it.
🎯 The levels we’re watching:
- Nearby support: $72,750.
- A break below this level could open the way toward $72,000, then $71,000.
- First resistance: $73,150–$73,350.
- Reclaiming $73,674 and holding above it could ease the downward pressure, while $74,500 remains an important resistance level.
⚠️ The CCI indicator is in deeply negative territory, reflecting selling pressure, but this does not necessarily mean a rebound is imminent.
$ETH
💬 Share your predictions: 72K, or a move back above 74K?