BTC Danger Zone: $73k Support and Kumo Cloud Under ThreatBitcoin / TetherUSBINANCE:BTCUSDTBullishway1Bitcoin (BTCUSD) has reached a critical technical juncture on the weekly timeframe. The bottom of the major ascending channel at $73,000 – $74,000 serves as a pivotal support zone. Losing this area would also mean a breakdown below the bottom of the weekly Ichimoku Kumo cloud, which would officially trigger a broader weekly downtrend. Trading Strategy & Execution: - Long positions/buys are only recommended upon bullish confirmation at support. - Confirmation requires a weekly candle closing above the red descending trendline (downtrend resistance). - Caution is advised until the trendline is broken and price structure recovers. Key Levels: - Major Weekly Support: $73,000 – $74,000 (Channel Bottom & Kumo Floor) - Bullish Trigger: Weekly close above the red downtrend line