Maigoro

$BTC (4H) – Technical Advice based on your chart

Current price: ~$76,900

Trend: Strong bearish continuation

What the chart is telling us

•Below all key MAs

•MA(7): 78,061

•MA(30): 83,701

•MA(200): 90,093

→ Price is far under every major moving average = macro bearish control.

•Structure: Lower highs + lower lows

→ No trend reversal yet, only a weak dead-cat bounce.

•RSI (14): 22.6

→ Deep oversold, but in strong downtrends RSI can stay oversold for long.

→ Momentum is still to the downside.

•Key levels from the chart

•Immediate support: $75,700 – $75,000

•Breakdown target: $72,000 – $70,500

Resistance: $78,000, then $81,000, major wall at $85,000

Best Strategy (Technical) B

🔴 If you are holding

•Do NOT add aggressively yet.

•i Only consider small DCA near $75k → $72k zone.

•Hard invalidation if daily closes below $72k → next leg down. 🟡 For short-term traders

•Trend = sell the bounce

• Ideal short entries: $78k – $81k

• Stop loss: above $83.5k

• Targets: $75k → $72k