Market Alert: Bitcoin Facing Strong Pressure ⚠️
Bitcoin is currently trading around $74,500 - $75,500 zone after a tough week filled with ETF outflows and macro uncertainty.
Key Observations:
• Broke below the recent consolidation range
• Holding above $74,000 psychological support for now
• High liquidation volume seen in the last 48 hours
My Analysis:
If Bitcoin manages to reclaim $76,000 with strong volume, we may see a relief rally toward $78K-$80K. However, a decisive break below $74K could accelerate selling toward $70K-$72K zone.
This is a critical moment for the market. Are we seeing the bottom formation or more pain ahead?
Drop your honest opinion below 👇