$BTC Facing Strong Resistance — Bearish Bias🚨
As long as 71,760 remains resistance, downside pressure could push price toward the 66,770 support zone.
Entry: market price
Stop loss: 71,760
Targets:
TP1: 67,750
TP2: 66,770
TP3: 65,780
Market View:
Momentum remains weak in the short term. The RSI is below 50, indicating bearish pressure, while price continues to trade below the 20 & 50 moving averages, showing sellers still control the trend.
Although MACD is slightly positive, the structure remains fragile unless bulls reclaim higher levels.
Alternative Scenario:
A break above 71,760 could shift momentum and open a move toward 73,430 → 74,420.
Current bias: Bearish while below 71,760.
Trade here 👇🏻
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