🚨Bitcoin has officially lost the critical $74K$BTC support zone, currently trading around $73.6K. When a major daily floor like this cracks, we stop guessing and start watching for one specific signal: Is this a "Fakeout" or a "Breakdown"?

The plan isn't to guess the bottom; it's to wait for the market to reveal its hand.

🔍 Why This Level Matters

$74K was the line in the sand where buyers defended aggressively. Now that it's broken:

  • Liquidity Sweep: Stop-losses have been triggered, flushing out late longs.

  • Role Reversal: In classic market structure, broken support often flips into major resistance.

  • The Retest: Watch for price to "kiss" $74K from below. If it gets rejected, the bears are officially in control.

🗺️ Key Levels on My Radar

Downside Magnets:

  • $73.3K – $73.6K: Immediate short-term bounce zone.

  • $72K & $70K: The big psychological battlegrounds.

  • $64K – $68K: Major historical demand zone.

The Resistance Wall:

  • $74K – $75K: BTC must reclaim this area to stop the bleeding.

📉 Scenario A: The Continuation (Bearish)

  • The Move: BTC bounces slightly, hits $74K, but prints a "lower high" or a long wick rejection.

  • The Result: A slide toward $72K → $70K.

  • Best Plan: Wait for that failed retest of $74K before entering a momentum short.

📈 Scenario B: The Bull Trap for Shorts (Bullish)

  • The Move: A quick "V-shaped" recovery that puts price back above $75K.

  • The Result: Shorts get squeezed, and BTC targets $78K – $82K.

  • Best Plan: Don't chase the first green candle. Wait for a daily close above $74K and a successful "support flip" hold.

✅ My Simple Trade Checklist

StanceSetup to WatchInvalidation LevelTargetsBearish$74K Retest + RejectionDaily Close > $75K$72K, $70K, $68KBullishReclaim $74K-75K + HoldLosing $73.3K again$78K, $82K, $88KNeutralReduce leverage & waitN/ASpot DCA at $70K

💡 The Bottom Line

The next 24–72 hours are vital. If we stay below $74K, expect more pain. If we reclaim it, the "Trump Trade" momentum might still have legs.

Trade the confirmation, not the emotion.

#BTC #Bitcoin #CryptoAnalysis #TradingStrategies #TrumpProCrypto $BTC