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Price Action 📈 — Monday Technical Analysis

$BTC has finally broken below the $79k support zone.

We are about to have an interesting week ahead, as BTC has now broken the $79k support and is currently using it as a new resistance zone.

What am I looking at?

I’m currently looking at a bearish move towards the $75,700 region, which is the next major support zone. This means we could see continued bearish pressure towards that price area.

===> $78k–$79k now acting as the new resistance zone
===> $75k–$76k as the next support zone the market could approach

Once the market gets to these levels, we’ll then have a clearer idea of the next possible move.

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