Bitcoin: Fading the Fear, Ready for an Intraday Reversal Higher

Technical Confluence for a Bounce

Looking at BTC/USD, the current sentiment is undeniably bearish, with the price sitting at 73942 and a 24-hour change of -0.55%. While many are focused on the downside, my analysis suggests a potential intraday reversal is brewing. We’ve seen the market test the lower end of its daily range at 72463.16, which acts as a strong foundational support. My entry at 73469 is strategically placed, awaiting a retest of a key intraday pivot level, just above the 73850 and 73900 support cluster. This is where I anticipate sellers to exhaust themselves