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Tonight’s Bitcoin outlook | Current price 75,000 — Support broken, bearish bias for the evening
The price continues to fall during the day, directly breaking through the prior 75,500–76,000 range-bound support; support turns into resistance. In the short term, the bears dominate the market. Don’t guess the bottom, don’t bottom-fish.
$BTC
Entry: 753–756 range. Chasing the move around 759. Target 747–740.
The key round-number level 75,000 is tested immediately; the original short-term support has completely failed and has turned into the first resistance level.
On the 4-hour timeframe, it breaks below the lower Bollinger Band. Moving averages are arranged in a bearish alignment, and the downward momentum keeps releasing.
ETF fund outflows continue, U.S. Treasury yields remain elevated, market risk appetite is weak, and there’s no clear rebound-positive catalyst.
RSI is approaching oversold, but there’s no clear bottoming bullish divergence. Avoid blindly catching falling knives. #美伊谈判