$BTC 1D TF

The previously expected pullback has already begun to materialize. After the downward phase, the market has shifted into a corrective movement, which fully aligns with the current technical structure.
The main focus now is the resistance zone $74 000. This level serves several functions:
• Former support turned mirror resistance;
• Zone for potential profit-taking;
• Area where sellers may become active. The next scenario will depend on the price reaction exactly here.
📈 If buyers can:
• Hold above the level;
• Confirm movement with volume;
• Form a stable structure, the market will have the potential for a deeper recovery or even an attempt to change the local trend.
📉 If, however:
• No consolidation above occurs;
• Sellers take the initiative;
• Signs of demand weakness appear, the bearish scenario will remain dominant.
In case of a bounce from $74 000, the expected outcomes are:
• Reversal from the mirror level;
• Increased selling pressure;
• Continuation of the downward movement.
🎯 The next strategic target in such a case is $50 000, where the following are concentrated:
• Significant liquidity clusters;
• A large number of stop orders;
• Potential accumulation zone.
👉 The key now is not to overestimate the current growth. It currently appears only as a correction within a declining structure.
The $74 000 level is the main test for buyers. Without confident consolidation above, the primary scenario remains a move towards $50 000.