$BTC showing a textbook breakdown and retest setup.
The chart highlights:
• A bearish consolidation pattern before the impulsive drop
• Breakdown from the structure with strong selling pressure
• Price now sitting on a local demand/support zone around 73.5k
📍 Key level:
* 73.5k support zone
Bullish case:
* Hold the current support
* Form a higher low
* Reclaim 73.8k-74k
Bearish case:
* Lose 73.5k
* Continue the breakdown move
* Target lower liquidity below the recent low
Short post:
BTC broke structure and flushed into support.
Now the market is testing a key demand zone around 73.5k.
If buyers defend this area, a relief bounce could follow. If not, the breakdown remains active and lower liquidity becomes the next target.
The reaction here will likely determine the next short-term move.
#BTC #Bitcoin #CryptoTrading