The graph doesn't lie: it's a time for vigilance. Bitcoin is currently trading at $75,888.01, showing a decrease of -3.90% over the last candles.
🔍 THE KEY FIGURES OF THE GRAPH (TF 1H) : Current Price : $75,888.00 Moving Averages (MA) : The price is crushed below all averages. The MA(7) at 77,489.58 $ now acts as a steel barrier.
Critical Support Zone : The last visible bastion is around $74,664.00. Order Book Sentiment : Selling pressure is dominant with 64.32% offers (sellers) against only 35.68.
🎭 THE DUEL OF PERSPECTIVES The Kangaroo 🦘 is sweating : “Look at this drop! We've just broken $76,000 with incredible force. The performance over 180 days is catastrophic at -34.07%. If we touch the support at 74.6k and it breaks, it's a direct trip to the abyss! I'm cutting everything! 😱 ”
The Astronaut 👩🚀 keeps a cool head : “We're observing a short-term capitulation. Yes, the selling volume has exploded recently, but we are approaching a historically significant technical rebound zone. The RSI must be in extreme oversold territory. This is often where strong hands accumulate discreetly before the reversal.”
💡 TECHNICAL VERDICT The trend is bearish in the short term. BTC must urgently reconquer the area of 77,500 $ (MA 7) to stop the bleeding. As long as we stay below this line, the risk of testing 74,664 $ remains the market's priority.
🚀 YOUR FLIGHT PLAN : 🛡️ CAUTION : I'm waiting for a stabilization on the support at 74.6k. 🔥 AGGRESSIVE : I'm buying this "dip" betting on a rebound towards 79k. 🏃♂️ OBSERVATION : I remain in stablecoin as long as the MA(25) is not broken upwards.
#BTC #TechnicalAnalysis
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