$BTC /USDT – 1H Chart



Right now, Bitcoin is trading around $74,225, down about 1.75% on the session. We’re hovering just above the 24h low of $73,716, which is the first real support to watch. If that breaks, next stop is likely $73,358.

Looking at the hourly chart, price is below all the key EMAs — EMA5 at $74,411, EMA10 at $74,506, and EMA30 near $75k. That tells me the short-term trend is weak. Bears are in control for now.

MACD is slightly negative (-0.8) with DIF and DEA both deep in negative territory around -354. No bullish cross yet. Momentum isn’t there.

RSI on 6, 12, and 24 periods are all between 38–40. Not quite oversold, but getting there. Still room for a bit more downside before hitting typical reversal zones.

Immediate resistance is around $74,432, then $75,500. Would need to reclaim $75k to start looking bullish again.

Honestly, feels like a slow bleed rather than panic selling. I’m watching the $73,700 level closely. If it holds, maybe a small bounce. If it goes, next leg down could test $73,350 quickly.

Not a place to chase either side aggressively. Better to let price show its hand first.
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BTC-0.11%
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