Bitcoin weekend key support level test

Bitcoin steadily approaches the main demand zone. The current price decline occurs on lower trading volume, which is typical for weekends, so an immediate sharp reaction should not be expected. The market is "probing" liquidity within the broad range of $75,046 – $73,977.

This zone is crucial for maintaining the current upward trend. It contains the major accumulated volume from previous periods, so a reasonable expectation of a rebound in buying activity here. However, the sticky nature of the movement suggests that long-term consolidation within this zone may occur before a decision is made. If buyers cannot sustain the lower boundary, we will face cascading liquidations and a deep correction phase.

A price break below $73,977 and a fixed level on the hourly chart will cancel the bullish scenario. In this case, a rapid decline to $71,000 – $68,000 will be possible. Until clear confirmation of protective volume, we operate at the designated POI boundary and remain highly attentive to volatility. $BTC