BTC is in a confirmed downtrend on the 1H, printing lower highs and lower lows from the 82,800 peak down to current price near 73,372. Key resistance sits at 74,600, where recent rejections have been consistent and aggressive. Positioning is short at market with a stop above 74,600 and targets at 72,000 and 71,200. Distribution volume and fading Coinbase Premium support continued downside pressure.

This is not financial advice. Content is AI-generated.