$BTC Looking for $75K Again? 👀
Bitcoin is trading at $82,478, down 1.78% on the day. After the rejection from the $87.4K high, price is sliding back down.
📉 What the daily chart shows:
Lower highs since the $87.4K peak
Price is near the 24h low of $82,390, so a break below could speed things up
Volume is fading, and the MA(5) is crossing under the MA(10)
🎯 Levels to watch:
Support 1: $79,000
Support 2: $75,000, near the previous low of $74,968
Resistance: $84,300, then $87,400
If $82.3K fails, $79K → $75K is the next likely path. If bulls reclaim $84.3K, this idea is invalid.
$BTC
#BTC #Bitcoin #CryptoAnalysis" #BTCUSDT
Bitcoin is trading at $82,478, down 1.78% on the day. After the rejection from the $87.4K high, price is sliding back down.
📉 What the daily chart shows:
Lower highs since the $87.4K peak
Price is near the 24h low of $82,390, so a break below could speed things up
Volume is fading, and the MA(5) is crossing under the MA(10)
🎯 Levels to watch:
Support 1: $79,000
Support 2: $75,000, near the previous low of $74,968
Resistance: $84,300, then $87,400
If $82.3K fails, $79K → $75K is the next likely path. If bulls reclaim $84.3K, this idea is invalid.
$BTC
#BTC #Bitcoin #CryptoAnalysis" #BTCUSDT