$BTC Bitcoin is testing a major structural support zone near $76,000. The daily Supertrend remains bearish, while normalized funding and a $1.12B long-position flush suggest reduced speculative positioning. ETF outflows of $430.2M add pressure. Bulls need to defend the support structure to avoid deeper downside.
📈 Bias: Neutral to Slightly Bearish | 🎯 Entry: $73,800–$74,500 | 🛡 Support: $73,779 / $71,000 | 🚧 Resistance: $76,874 / $81,850 | 🎯 Targets: $76,800 / $79,500 / $81,800 | ❌ Invalidation: $70,500 (daily close below)
Strategy: Watch for confirmation around the entry zone and avoid aggressive longs while structural support remains under pressure.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
📈 Bias: Neutral to Slightly Bearish | 🎯 Entry: $73,800–$74,500 | 🛡 Support: $73,779 / $71,000 | 🚧 Resistance: $76,874 / $81,850 | 🎯 Targets: $76,800 / $79,500 / $81,800 | ❌ Invalidation: $70,500 (daily close below)
Strategy: Watch for confirmation around the entry zone and avoid aggressive longs while structural support remains under pressure.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
