From TradingView · · 40s
Bitcoin Breaks September Support
Bitcoin falls below key support as bears take control.
In brief
Bitcoin falls below key support as bears take control. Bitcoin broke below $76,264 support with increased selling volume, signaling potential further weakness. Originally reported by TradingView.
Bitcoin Breaks Support
Bitcoin dropped below $76,264 support level.
Three Rejections in a Week
Bitcoin rejected $79,600, $80,000 three times in less than a week.
Bearish Moving Averages
Price below declining 100/50-period EMAs.
Selling Volume Spikes
Two large spikes in selling volume followed the break.
StochRSI Oversold
StochRSI shows oversold conditions for short-term bounce.
Next Resistance Level
Price targets $74,967 before daily FVG.
The key point
Bitcoin broke below $76,264 support with increased selling volume, signaling potential further weakness.
