$BTC 4H Critical Support Under Pressure!
Bitcoin continues to trade inside a descending channel, with sellers maintaining control of the market.
BTC has dropped nearly 6% and lost the $77K area. Price is now testing a major support zone around $75,000–$74,800.
📉 Key Levels to Watch:
🔴 Resistance: $80,246
🔴 Major resistance: $81,883
🟢 Immediate support: $75,000–$74,800
⚠️ Critical breakdown level: $74,790
What happens next?
If BTC fails to hold $74,800 and a 4H candle closes below this level with strong selling volume, further downside could follow.
However, if buyers defend this zone and reclaim $77K, we could see a relief bounce towards $80,200.
For now, the trend remains bearish. I would rather wait for confirmation than rush into a long position.
One important question: Will $75K hold, or are we about to see another leg down?
$ZEC
#BTC #bitcoin #CryptoMarket #BinanceSquare #cz
Bitcoin continues to trade inside a descending channel, with sellers maintaining control of the market.
BTC has dropped nearly 6% and lost the $77K area. Price is now testing a major support zone around $75,000–$74,800.
📉 Key Levels to Watch:
🔴 Resistance: $80,246
🔴 Major resistance: $81,883
🟢 Immediate support: $75,000–$74,800
⚠️ Critical breakdown level: $74,790
What happens next?
If BTC fails to hold $74,800 and a 4H candle closes below this level with strong selling volume, further downside could follow.
However, if buyers defend this zone and reclaim $77K, we could see a relief bounce towards $80,200.
For now, the trend remains bearish. I would rather wait for confirmation than rush into a long position.
One important question: Will $75K hold, or are we about to see another leg down?
$ZEC
#BTC #bitcoin #CryptoMarket #BinanceSquare #cz
