
Post
$BTC
BTC is in a sharp downward trend, the price reaches 72,958 USDT (-1.95%), below all MA (MA5~73.3k, MA10~73.8k, MA20~74.5k). The price has broken many supports, creating a temporary bottom around 72.678.
Buy signal:
• The price is testing the strong support area of 72,600 - 72.900 (low 24h + high value area).
• The increase in volume in the recent red candle shows that the sell-off is gradually weakening.
• There is a sign of a small green candle appearing, which can form a short-term reversal.
Buying strategy:
Buy dip now at 72,800 - 73,000 if you keep above 72,678.
Stop loss: 72,400 (below low 24h).
Take profit: 73,800 → 74,500 → 75,500.
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