Is $BTC bulls losing the battle? 🩸 The bears are in control!

$BTC is currently trading at 74,311.75, facing heavy rejection from the moving averages on the 1h chart. The price is trapped below MA(7) at 74,336 and MA(25) at 74,778, confirming a clear short-term downtrend. A massive red volume spike recently pushed the price to a 24h low of 73,524.73. The overall 30-day trend remains deeply bearish (-10.50%). 🐻

Outlook: Bearish 📉

Key Levels:
🛡️ Support: 73,524
🚧 Resistance: 74,778

Trade Setup:
🎯 EP: 74,311
💰 TP: 73,524
🛑 SL: 74,778

$BTC
#BTC #Bitcoin #CryptoAnalysis #bearish #BinanceSquare