BTC 74K might be critical for the bulls

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BTC 74K might be critical for the bullsBitcoin / US DollarCOINBASE:BTCUSDSive-MortenMorning folks, So, we've got the pullback to 76K that we discussed last time. We the coming new spiral of escalation on M. East BTC remains under pressure. We suggest that 74K support will be critical for short-term bullish sentiment. In fact, market could start H&S pattern there. Thus, there are setups might be considered there - long position from the neckline and ~74K support with different targets - either 78K (if H&S works) or 81K (If it fails). Bears have to keep an eye on 78K potential right arm's top area for entry.