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#Bitcoin Update🚨
Yesterday we discussed the importance of those MA support confluences… and today the market reacted exactly from there.
Price has now officially lost key MA levels across multiple timeframes: MA7 on Daily, MA25 on 4H & MA99 on lower timeframes
And because of that, bearish momentum is starting to expand exactly as expected. 📉
Right now $BTC structure is showing:
• Continuous lower highs forming
• Weak bounce attempts getting rejected quickly
• MACD momentum flipping bearish on multiple timeframes
• RSI still lacking strong recovery strength
• Sellers maintaining pressure below key moving averages
The important thing now is simple👇
$74K – $75K support zone is getting tested again.
This is the major short-term battlefield for #BTC
If buyers defend this region strongly, we can still see:
• Relief bounce attempts
• Short-term recovery toward lost MA levels
• Possible consolidation before next major move
But if this support breaks decisively:
• Bearish pressure could accelerate aggressively
• Panic selling may increase
• Deeper correction zones open immediately (72k)
Those who followed yesterday’s update already had enough warning to stay protective and avoid emotional entries🌟
Right now patience matters more than prediction. 👀
#CryptoSatRed
Bitcoin hit a 24h high of $77,905 last night, but quickly reversed and formed a 24h low at $76,575.
Price is now sitting right on key moving averages:
MA7 on Daily
MA99 on 1Hr
MA25 on 4Hr
These are important confluence supports.
If these levels break:
→ Bearish pressure will increase significantly
→ Next major support zone: $74,000 – $75,000
Watch these MAs closely. A clean hold could lead to a bounce, but a decisive break opens the door for deeper correction.