Bitcoin is facing bearish pressure, trading around $BTC 74,700 as sellers remain active. Weak institutional demand, ETF outflows, and uncertainty ahead of US inflation data are weighing on market sentiment.
Key Levels:
🟢 Support: $74,400 – $73,000
🔴 Resistance: $75,000 – $77,000
📈 Bullish outlook: A breakout above $77,000 could trigger recovery.
📉 Bearish outlook: A breakdown below $74,400 could lead to further losses.
#BTC #bullish
Key Levels:
🟢 Support: $74,400 – $73,000
🔴 Resistance: $75,000 – $77,000
📈 Bullish outlook: A breakout above $77,000 could trigger recovery.
📉 Bearish outlook: A breakdown below $74,400 could lead to further losses.
#BTC #bullish
