Bitcoin at Risk of Major Pullback! Key Support Levels to Watch

BTCUSD is showing signs of weakness after rejecting the strong supply zone near $110K. Price has started forming lower highs and currently sits around $104,739, with bearish momentum gradually building. 👀

🔻 If the selling pressure continues, we could see price testing the next key support at $94,444 – a previously strong breakout level.

🚨 A break below $94K could open the way for a deeper correction toward the $76,318 demand zone, which aligns with a prior consolidation base and high-volume node. This level also overlaps with a visible range support and the March-April demand block (orange zone), making it a critical area for bulls to defend.

🔍 Technical Overview:

Resistance zone: $109,000 – $110,000 (rejection confirmed)

Key supports:

$94,444 → retest likely

$76,318 → major demand zone + potential long entry


Structure: Lower high forming, bearish signals increasing

Indicators: Potential bearish divergence forming (RSI not shown but implied)


🧠 What to Watch:

Watch for volume spike and candle pattern confirmation on the $94K level.

A clean break below $94K with retest could offer swing short setups.

Bulls will need to reclaim $110K to regain momentum.


💬 What’s your take? Are we heading for $76K or will bulls defend $94K? Comment below!

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