š BTC is approaching the 74kā76k support zone
#BTCVolatility BTC/USDT is currently around 84,153. The key points:
1. Major Weekly Support Below
You have a clear support zone around:
74kā76k USDT (strong weekly support)
Another deeper support: 64k USDT
Thatās why you were asking about 74k BTC ā itās the next big support area.
š Indicators (Weekly)
#RSI
RSI(6) ā 19 ā extremely oversold
RSI(12) ā 31 ā oversold
RSI(24) ā 42 ā neutral
When weekly RSI(6) hits 20 or below, BTC usually forms a local bottom soon.
Moving Averages
Price broke below MA25 and MA7 ā bearish
It is now sitting near the MA99 (83k zone)
If MA99 breaks ā next drop is very likely to 74k
š Next Levels to Watch
If BTC continues down:
First support: 83k (MA99) ā currently testing
Next support: 74kā76k ā strong buy zone
Last major support: 64k
If BTC bounces:
Resistance: 86.5k
Bigger resistance: 98kā108k
š High probability scenario:
BTC dips into 74kā76k, then bounces.
