
Bitcoin is facing selling pressure. A recovery above $74,000 could improve bullish momentum, while a break below $72,160 could bring further downside risk. Oversold signals mean a temporary bounce is also possible. The Cryptonomist +1
Conclusion: Watch the $72,160 support and $74,000 resistance before making a trading decision.

Bitcoin is facing selling pressure. A recovery above $74,000 could improve bullish momentum, while a break below $72,160 could bring further downside risk. Oversold signals mean a temporary bounce is also possible. The Cryptonomist +1
Conclusion: Watch the $72,160 support and $74,000 resistance before making a trading decision.

### $73,500
Short-term bearish pressure
Current market situation
Bitcoin is trading around $73,500, with selling pressure following higher-than-expected US inflation and continued Bitcoin ETF outflows. CoinMarketCap +1
Important price levels
* Resistance: $74,700–$76,000
* Support: $72,700
* Major downside watch: $70,000
Market outlook

* Below $72,700 could open the way toward $70,000.
* A recovery above $76,000 could improve market sentiment.
My view: Bitcoin is currently risky for short-term traders. Wait for confirmation before entering a trade. Watch ETF flows and US inflation news.
Disclaimer: This is market analysis, not financial advice. Always manage your risk.