Bitcoin Price Prediction: Bitcoin Nears Key $73K Level as Shorts Close
The post Bitcoin Price Prediction: Bitcoin Nears Key $73K Level as Shorts Close appeared on BitcoinEthereumNews.com. Bitcoin is trading near $73,000 as charts from Man of Bitcoin and CW show BTC at a short-term decision point. One setup warns that bullish momentum is weakening, while the other shows shorts closing as selling pressure starts to fade. Bitcoin Price Tests $73K as BTC Bearish Roadmap Puts Support in Focus Bitcoin is trading near $73,280 on the four-hour chart as analyst Man of Bitcoin says a short-term five-wave decline may show weakening bullish momentum. The chart shared on X shows BTC moving lower after failing to hold its recent upward channel. The analyst said a bounce from the current support area still looks likely, but the new bearish roadmap puts lower levels back in focus. Bitcoin Four-Hour Chart. Source: Man of Bitcoin on X The chart shows Bitcoin falling from the upper part of its May structure after price rejected near the $82,750 resistance zone. BTC then mov