#technicalAnalysis Technical Analysis:

Some analysts see the recent dip as a buying opportunity and point to potential support levels around $73,000 - $75,000.

 However, others highlight a descending channel and bearish market structure, suggesting possible further downside towards $70,000 if bullish momentum doesn't hold.

Resistance is noted around the $81,500 - $83,000 levels. A break above $85,000 could signal a stronger upward move.

Support levels to watch are around $78,000, with stronger support at $76,800 and then $75,000. A break below these could lead to further declines.