$BTC has finally hit the downside liquidity targets we’ve been tracking all week, triggering a test of the critical $75,000–$76,000 support zone. While we are seeing a minor bounce, the market remains fragile.
With the US stock market closing the week on a weak note, it’s likely that we’ll see continued sideways consolidation or choppy price action over the weekend rather than a major breakout. Indicators on the 4-hour chart are showing potential for a bullish divergence, but don’t expect a significant reversal just yet—the short-term trend remains bearish.
Key levels to watch:
Support: $75k, followed by $73.7k.
Resistance: $76.3k and $78k.
Keep your risk management tight and don’t chase pumps in this environment. Are you buying the dip or waiting for more clarity? Let me know your thoughts below!
