$BTC /USDT – 1H Chart Analysis



Price is at $73,458, down 0.47% today. A small pullback after yesterday's recovery.

On the 1H chart, price is trading slightly below all three WMAs – WMA5 at $73,474, WMA10 at $73,537, and WMA20 at $73,542. So the structure is bearish, but just barely.

Resistance is at $74,131, then $75,109. Support sits at $73,152, then the 24H low at $72,500.

RSI values are all below 50 – RSI6 at 45.6, RSI12 at 47.4, RSI24 at 45.9. Weak momentum, but not oversold.

Volume is moderate at $735M.

What I think: BTC is consolidating after the bounce from $72,500. It's stuck just below the WMAs – needs to break above $73,540 to turn short-term bullish. If it loses $73,150, we could retest $72,500. Right now, it's a waiting game.

Bias: Bearish below WMAs. Watching $73,540 for breakout.
#TradeCFDWinGold
BTC-0.34%
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