$BTC ‌ is showing short term bearish pressure after rejecting hard from 78k and losing the EMA(200) around 76.2k.


Key support:
* 74.7k current local low
* 74.2k major liquidity zone
* Losing 74k could accelerate downside
Key resistance:
* 75.8k intraday resistance
* 76.2k EMA(200)
* 76.8k major reclaim level
Bearish scenario:
If BTC keeps rejecting below 76.2k, market structure remains weak and another sweep toward 74k becomes likely. Momentum currently favors sellers on low timeframe.
Bullish scenario:
BTC needs a strong reclaim above EMA(200) with volume. If buyers recover 76.2k–76.8k, the structure could shift back toward 77.5k+.
Right now this looks more like a relief bounce inside a short term downtrend rather than a confirmed reversal
#StockTradingChallengeUpTo17000U #GatePredictionMarketAddsSmartMoneyTracking
BTC-2.05%
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