Bitcoin Under Pressure – Short Toward 74.500$ Possible

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Bitcoin Under Pressure – Short Toward 74.500$ PossibleBitcoin / TetherUSBINANCE:BTCUSDTLegionQ8Hello traders! Here is my technical outlook based on the current BTCUSDT (2H) chart structure. Bitcoin previously traded within a range, showing consolidation before breaking out and shifting into an ascending channel with higher lows. The bullish structure was supported by multiple bounces from the rising support line. Currently, price is moving inside the ascending channel and approaching the 78,000 resistance zone (seller zone), where a range has formed and a recent drop indicates selling pressure. As long as BTCUSDT remains below the 78,000 resistance, the bearish scenario becomes valid. A rejection from this zone could push price toward the 74,500 support (TP1), which aligns with the lower boundary of the channel and the buyer zone. Please share this idea with your friends and click Boost 🚀