#RiskRewardRatio
🔥WARNING🔥 BTC COULD DROP TO 74K IF THERE'S NO STRONG BUYING FORCE?
🟥 BTC has just been rejected at the strong resistance zone of 79K and is sharply reversing downward. Currently, the price will retest the old low around 77K, and according to technical analysis:
🔻 The overall trend is down, technical indicators like MACD, RSI, and volume are all signaling negativity.
📉 Selling volume is increasing, the MACD line is crossing down – confirming that selling pressure is dominant.
💥 Possible scenarios:
BTC continues to drop to the support zone of 76K to test the low once again.
If the buying force at 76K is not strong enough, the possibility of a breakdown will occur.
On the contrary, if 76K holds, BTC may bounce back and form a recovery pattern.
⚠️ Note: This is an extremely sensitive time. Traders need to: