‼️$BTC is still stuck at the same key levels we’ve been watching over the past few days.
Despite briefly pushing above $73.6K and sweeping down toward $72.4K, price has ended up right back where it started, consolidating just below the $73.6K resistance level. So far, every attempt to break higher has lacked follow-through.
The bigger level above remains $74.2K, which is the previous week low. We talked about this being a critical reclaim level for any meaningful trend reversal, and yesterday’s rejection came from that exact area.
For now, the structure remains weak. As long as BTC continues trading below both $73.6K and $74.2K, the downside risk remains intact.
If these levels continue acting as resistance, then a move below $72K and into the $71K region is still a realistic short-term scenario. Bulls need to start reclaiming levels, not just wicking above them, if they want to shift momentum back in their favor.
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