🚨 BITCOIN UNDER PRESSURE: $BTC TESTS $75,000
📉 Bitcoin ($BTC) is trading around $76,000, while short-term technical analysis shows bearish pressure and a structure keeping traders alert to the next levels.
🔎 Key levels to watch:
🟢 Support: $75,000
🔴 Resistance: $76,990
🔴 Second resistance: $77,767
🟡 200-period moving average: $73,419
The price is still above the 200-period moving average, so analysis indicates the underlying trend remains bullish, although the immediate movement maintains a bearish bias.
📊 Technical indicators:
• MACD: -539,67 → bearish pressure
• RSI: 36.95 → near oversold zone
• Relevant technical zone: $72,880–$73,419
⚠️ What does this mean?
As long as $75,000 is defended, sharp moves and rebounds may emerge. A clear break below this level would shift focus to the $72,880–$73,419 zone.
👀 $BTC is approaching a decisive zone. The next price movements could define the next market leg.
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