Bitcoin is trading near $74,700, facing strong selling pressure and short-term bearish momentum. đ
Support: $74,400 | Resistance: $75,600.
A strong breakout above resistance could trigger a recovery, while losing support may bring further downside.
Traders should watch volume and market direction before entering any trade.
*BTC âŒ$74,430, -0.6% today* â closed below the 50-week MA with whale shorts rising and ETF outflows pressuring price.
*Support $73,150-$73,300 / Resistance $76,500-$78,500* â today's US CPI print will decide the next move.
Real live chart: Open BTC/USDT on Binanceâ
#BTC #bitcoin oin #CryptoAnalysi s #BinanceSquare
Support: $74,400 | Resistance: $75,600.
A strong breakout above resistance could trigger a recovery, while losing support may bring further downside.
Traders should watch volume and market direction before entering any trade.
*BTC âŒ$74,430, -0.6% today* â closed below the 50-week MA with whale shorts rising and ETF outflows pressuring price.
*Support $73,150-$73,300 / Resistance $76,500-$78,500* â today's US CPI print will decide the next move.
Real live chart: Open BTC/USDT on Binanceâ
#BTC #bitcoin oin #CryptoAnalysi s #BinanceSquare
