Bitcoin tests $75,000 as Supertrend flips bearish
- —BTC fell about 4% over 7 days, pulling back from $79,800 to a low of $74,944
- —The 4-hour Supertrend turned bearish, with resistance at $78,597
- —CMF dropped to -0.11 as capital outflows exceeded inflows
- —The largest liquidation cluster sits at $74,600–74,700, with resistance at $78,600
Why it matters: A break of $75,000 would open the way to $74,600 and the $70,300–71,900 moving-average zone, while a return above $78,600 would refocus attention on $80,000.
Source: crypto.news