Bitcoin feels heavy right now. Sellers are clearly in control, and the chart shows fear taking the lead after a sharp rejection from the recent highs. Momentum is still pointing down, but price is approaching a zone where reactions often start.
Momentum insight
Strong bearish pressure with weak recovery attempts. Volume expanded on the drop, showing conviction. Any bounce here is likely cautious, not explosive.
Support levels
First support near 74600
Major support around 74200
Resistance levels
Immediate resistance near 77600
Stronger resistance around 79200
Trade plan
Entry zone around 74800 to 75200 if price stabilizes
Target one near 77200
Target two near 78800
Stop loss below 73900
This is one of those moments where patience matters. Let the market show a breath of relief before trusting upside. Fear is loud, but structure still decides the next move.
#WhenWillBTCRebound #PreciousMetalsTurbulence #USPPIJump
BTC
78,369.15
+2.23%