$BTC

I expect that after breaking the support zone ($77,160-$76,740) and the neckline, Bitcoin could drop at least to around $75,000. If the downward momentum is strong, we could look for lower targets.

Target:

$75,000

$74,500

$73,500

$71,906

Stop Loss: $81,000(Worst)

Cumulative Short Liquidation Leverage: $80,100-$79,540

Cumulative Long Liquidation Leverage: $76,980-$76,200

Cumulative Long Liquidation Leverage: $74,500-$73,500

CME gap: $84,560-$79,660

CME gap: $69,535-$70,055

CME gap: $67,570-$67,170

#MarketRebound #