$BTC facing rejection again—sellers pushing for $79.7K next!
Bitcoin is trading around $84,040 after pulling back from the $86,934 resistance zone. Price is showing signs of weakness with bears trying to reclaim momentum. A drop below $83,000 could unlock further downside toward $79,721 (TP1), and if pressure continues, a slide into the major support zone near $74,000 (TP2) is possible.
Key Zones:
Resistance: $86,934 – $87,84400
Support: $79,721 (TP1), $74,000 zone (TP2)
The market is hesitating under key resistance—if this level holds, expect bears to stay in control. Watch for volume confirmation before taking entries.
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