MONTHLY OVERVIEW:
BTC is currently trading under strong bearish pressure after failing to sustain above the 73,844 resistance zone. The market has broken below key structure support and is now approaching the ‘55,555’ major demand zone as a pivot point. Price remains below the 200 EMA (84,616), confirming a shift in momentum from bullish to corrective-bearish. Structure has transitioned into lower highs and lower lows, suggesting continuation risk toward deeper support if buyers fail to defend the current zone.
#BTC/USD# #Bitcoin# #BitcoinDrop#
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