๐ BTC is approaching the 74kโ76k support zone
#BTCVolatility BTC/USDT is currently around 84,153. The key points:
1. Major Weekly Support Below
You have a clear support zone around:
74kโ76k USDT (strong weekly support)
Another deeper support: 64k USDT
Thatโs why you were asking about 74k BTC โ itโs the next big support area.
๐ Indicators (Weekly)
#RSI
RSI(6) โ 19 โ extremely oversold
RSI(12) โ 31 โ oversold
RSI(24) โ 42 โ neutral
When weekly RSI(6) hits 20 or below, BTC usually forms a local bottom soon.
Moving Averages
Price broke below MA25 and MA7 โ bearish
It is now sitting near the MA99 (83k zone)
If MA99 breaks โ next drop is very likely to 74k
๐ Next Levels to Watch
If BTC continues down:
First support: 83k (MA99) โ currently testing
Next support: 74kโ76k โ strong buy zone
Last major support: 64k
If BTC bounces:
Resistance: 86.5k
Bigger resistance: 98kโ108k
๐ High probability scenario:
BTC dips into 74kโ76k, then bounces.
