The world’s leading cryptocurrency Bitcoin traded within a tight 24-hour intraday range of $74,041 to $77,063, ending the latest session at $75,552.00. The 2.86% 24-hour pullback has shifted short-term market sentiment firmly bearish, with market analysts assigning 70% confidence to continued near-term downward pressure.
Immediate support for BTC sits right at the bottom of the daily range near $74,000, while upside momentum will need to break the upper range bound of $77,063 to reverse the current bearish tilt. Traders are watching closely for a break below $74,000 to confirm extended downside movement in the next 24 hours.
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