🚨 $BTC at a make or break level — bounce or breakdown?

Bitcoin is trading around $74,800, holding just above the 200-day moving average ($73,194) after dumping from $87K down to the $73,400 low.

📊 Chart structure:

• Price is well below the 50-day MA ($81,466) — the trend is still bearish

• RSI (14) is at 32.3 — near oversold, sellers are getting exhausted

• MACD is still bearish, but momentum is slowing right into the demand zone

🔑 Key levels:

Resistance: $75,500–$76,200 zone, then $81,200 (50-day MA area)

Support: $73,200–$73,400 demand zone (30-day low), then $70,000

📈 Trade plan — long the bounce from demand:

Entry: $73,600

TP1: $76,200 | TP2: $81,200

SL: $72,900

RR: ~3.7 to TP1

View: Cautiously bullish for a bounce while $73,400 holds. A daily close below $73,400 flips it bearish — $70K comes into play fast. Reclaim $76,200 and momentum shifts toward $81K.

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$BTC