Bitcoin technical outlook: BTC tests $74K support after pullback from $82,833

Bitcoin traded at $74,684 early May 23, up about 3.4% over the prior 24 hours, as traders focused on whether BTC can hold the $74,000–$74,200 support area after reversing from $82,833. Volume was about $32.53 billion with an intraday range of $74,344–$77,433, while technicians flagged heavy resistance around $76,500–$77,500 and a majority of moving-average signals leaning bearish.