Daily chart. Price is resting on the yellow descending support around $74.3K, after Sunday's $1B long flush wicked to $73.4K.
🔴 $86.5K
🔴 $82K channel top
🔴 $81.3K
🔴 $79.4K
🔴 $78.1K
🔴 $76.5K first reclaim
🟢 $74.3K trendline
🟢 $73.4K weekend low
Context: Lower highs since October, still inside the downtrend channel. CPI lands tomorrow at 13:30 UK.
My read: Holding the trendline into CPI keeps a range-low bounce on the table. A daily close back above $76.5K is the first sign buyers are back in control.
The risk: A daily close under $73.4K loses the trendline and the weekend low together, and that opens the door lower.
Bounce or breakdown after CPI? 👇
BTCUSDT
Бесср
74,557.6
-1.80%
