Bitcoin Traders Eye Crucial Resistance Zone Amid Intraday Weakness

Bitcoin is currently trading in a critical short-term decision zone, where intraday weakness has emerged.

The cryptocurrency closed above the key CryptoLean support around 76.3K but has since rotated back into its range and is showing signs of intraday weakness.

The daily and 4-hour Bitcoin charts will be examined to understand why the current price action may determine the next major move for the market.

Downside targets around 73K and 68K remain relevant from a higher timeframe perspective, but a rejection from the 79K resistance region could complete a larger bearish structure.