Short term bearish to neutral. BTC is attempting to build a base after a sharp decline, but buyers have not yet reclaimed the 200 EMA. Until BTC regains 73k, rallies are likely to face selling pressure.
Resistance:
* 72,065
* 72,843
* 72,996 (EMA200)
Support:
* 71,287
* 70,687
* 70,500
Bullish case:
Holding above 71.3k and reclaiming 72.1k would improve momentum. A breakout above the EMA200 near 73k would be the first strong bullish signal.
Bearish case:
If 71.3k fails, BTC could revisit 70.7k. A breakdown there may trigger another wave of selling toward lower support zones
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