BTC 1H: Bounce off 73,500 meets Sunday's FVGs, 74,400 pivot

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BTC 1H: Bounce off 73,500 meets Sunday's FVGs, 74,400 pivotBitcoin / U.S. dollarBITSTAMP:BTCUSDCFlo17BTC flushed to 73,500 Sunday afternoon, a new low under last week's 75k range, and has bounced back to about 74,950 after a 75,500 session high. Overnight it needs to hold the 74,403.65 session low and clear 75,500 to be more than a relief bounce. Market structure Daily is below the 50D (81,621) after the drop from 81,105, but still above the 200D (73,154). 1H: lower high at 76,081.4, lower low at 73,500.01. Down until 76,081.4 breaks. The drop left bear FVGs at 75,613-75,747 that haven't been reclaimed. Key levels Resistance: 75,000, 75,500 session high, 75,613.06-75,747.4 bear FVGs, 76,081.4 PDH, 76,915.16-77,962.92 bear FVG Support: 74,742.52 PDC, 74,403.65-74,761.63, 73,154.39-73,500.01 Sunday low / 200D, 72,000 Bull case Hold 74,403.65 and clear 75,500 Targets: 75,747.4, 76,081.4 Invalidated by a break below 74,403.65 Bear case Rejection in 75,500-75,747 and a loss of 74,403.65 Targets: 73,500, 73,154 Invalidated by a break above 76,081.4 This is my read of the chart, not financial advice.