Bitcoin is currently facing strong downward pressure, failing to hold above key short-term moving averages:
Key Technical Levels:
MA(7): $78,498
MA(25): $82,016
MA(99): $85,938
Support: $74,508
Resistance: $81,136 / $82,000
Bearish Signals:
Price trading below all major MAs – clear sign of short-term weakness
Strong red candle breakout below $77,465 indicates momentum favoring sellers
Volume spike confirms institutional or whale-driven selling activity
Order book bias: 97% Sell vs 3% Buy – bearish sentiment dominates
Market Outlook:
If BTC fails to hold the $74.5k level, next major support may form near $73.8k–$72k
RSI likely approaching oversold territory, so short-term bounce possible, but trend remains bearish unless price reclaims MA(7) and MA(25)
Conclusion: BTC is in a corrective phase, and market structure suggests caution. Bulls need to step in fast above $78.5k to regain control. Until then, rallies may face selling pressure.
Bitcoin has seen a sharp pullback of over 5% in the last 24 hours, dipping below short-term moving averages (MA7 & MA25), with a current key support at $74,508.
Bearish Momentum Building:
MA(7): $78,498
MA(25): $82,016
Volume spike on red candles indicates selling pressure.
Order book shows 97% sell dominance – clear short-term bearish sentiment.
Performance:
7 Days: -10.63%
30 Days: -8.04%
90 Days: -19.31%
180 Days: +27.88%
Key Observation: Despite the short-term correction, BTC remains up nearly 28% over the past 6 months. Watch for a potential bounce at the $74.5k zone or deeper retracement if bears maintain control.
Bitcoin (BTC) is currently trading below the $80K mark, making it an exciting time for both seasoned investors and newcomers in the crypto space! 🔥 Whether you're looking to accumulate or just watching the market, now could be a great opportunity to consider your next move.
📉 Bitcoin's recent dip offers potential for long-term growth, and it might be the right time to grab a piece of the world's most recognized cryptocurrency at a more affordable price.
💡 What are your thoughts? Is this a buying opportunity, or should we wait for further corrections?
Post Content: Aaj subah ka market overall stable nazar aa raha hai.
BTC $70.8k ke aas paas trade kar raha hai, halka sa sideways movement
ETH ne $3.5k ka level retest kiya hai — agar yeh level hold karta hai to bullish continuation ho sakta hai
Altcoins mein $INJ aur $RNDR achi recovery dikha rahe hain
Mera View: BTC jab tak $72k se upar close nahi karta, tab tak major breakout confirm nahi hoga. Is waqt scalping ya short-term trades behtar strategy hai.
Apna view comment mein share karein — bullish ho ya bearish?