Leading cryptocurrency Bitcoin currently trades at $74,597, registering a 1.36% 24-hour loss as cooling momentum drags price below the key $75,000 psychological level. Intraday price action has been contained between a low of $73,105 and a high of $76,089, with sellers rejecting upward attempts at the upper end of the range. Market analysts and short-term pricing models assign 80% confidence to a bearish near-term outlook, signaling elevated downside risk through the coming trading session. Traders are watching immediate support at $73,000, the bottom of today’s trading range, closely; a break below this level would confirm the bearish thesis, while a reclaim of $76,000 would flip short-term momentum to neutral.
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