
$BTC MULTI-TIMEFRAME TECHNICAL OUTLOOK 📊 Market structure remains bearish across intraday timeframes up to 1D, while the weekly bullish structure has yet to be invalidated. BTC is approaching a critical higher-timeframe support cluster: 🔹 $74,968 – $74,508: Previous Monthly Low (PML) and Previous Yearly Low (PYL). A significant liquidity and support confluence. 🔹 50W SMA: A key dynamic support to monitor alongside the horizontal levels. Its interaction with price could help determine whether the broader bullish structure remains intact. 🔹 $71,662: The next major reference level if the primary support cluster fails. On the upside, $79,800 – $80,940 is the first important reclaim area, followed by $82,076 – $82,658. Until these levels are recovered, the daily structure remains under pressure. The key is not simply whether support is touched, but how price reacts and closes around it. A sustained weekly defence of the support cluster, followed by a recovery of lost resistance, would strengthen the case for continuation of the broader bullish structure. Conversely, sustained weekly closes below support would increase the probability of a deeper correction and a reassessment of the higher-timeframe trend. The next few weekly closes may carry considerably more significance than short-term volatility. Focus on structure, liquidity and confirmation. Time over price. Trade it, don't date it! 🤝 @CoinMarketCap #AgenticCharts #TraderaEdge
