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Bitcoin surged early in the morning to around 75,400, then pulled back. After testing the high, it kept probing downward, reaching a low of 74,400—moving by more than a thousand points within a box! In the afternoon, it rebounded again and surged to around 75,200 before dipping once more. It’s currently consolidating around 74,700. There is still room for further downside!
Trading suggestions
For the rebound, go short in the 74,900-75,400 range from high ground. Target 74,300. If it breaks down, look for 73,800-73500$BTC $ETH