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Bitcoin intraday attempted to breach the 76,000 level but failed to sustain the upward momentum, reversing downward to 73,518 and forming a 2,500-point range. From the 4-hour level, the downtrend remains strong with weakness as the main theme. We took profits of 1,300+ 35 points early.
Evening outlook: Bounce back to around 74,400-74,900 resistance zone,
targeting 73,500-72,500 area.
Evening outlook: Bounce back to around 2,350-2,375 resistance zone,
targeting 2,300-2,260 area.
#BTC #ETH