Bitcoin Attempts to Bounce from Key Support Zone

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In our last BTC post, we mentioned that decision time had arrived—and the market has made its move. The downtrend is resuming with max-pain.

Bitcoin Tests the Trendline as Trade War Fears Intensify


Today, Bitcoin tested a major support zone at 72,000–74,000. This area, once a key resistance, now serves as critical support.

Now, another decision point is approaching. Will the market recover and Bitcoin follow, pushing toward the upper boundary of the trend channel? Or will a break below this support send BTC toward the lower edge of the channel, triggering a strong move that shakes out the bulls before a potential recovery?

Penafian

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