$BTC Testing Major Support: Bounce or Breakdown? 📉
✅Entry Zone: $76,200 – $76,900
Target 1: $78,800
Target 2: $81,500
Target 3: $85,000
🛑Stop Loss: $75,400
Bitcoin is currently battling at $76,911 after a sharp flush from the $82K highs. We've hit a local bottom at $76,051, and selling volume is finally starting to dry up.
Structurally, the 4H chart is still under pressure below the major EMAs, but if this $76K demand zone holds, we are primed for a solid relief rally.
Quick Take: Don't chase the green candles. Let the market come to your limits. If $76K snaps, we look lower, but risk-to-reward here looks solid for a bounce.
Manage your risk! 🚀
BTC
73,759.59
-1.23%