$BTC
— Momentum is turning bearish.

Bitcoin is trading around $77,590, down nearly 2.7%, after getting rejected from the $80K–$81.5K area.

The 1H chart shows a sharp sell-off from $81,478 to a low of $76,888, with price now struggling below the MA(7) around $77,700.

That puts $BTC at a critical level:

🔴 Resistance: $77,700–$78,000
🔻 Support: $76,888
🎯 Breakdown targets: $76,000 → $75,000 → $73,500

If BTC fails to reclaim $78K and sellers push below $76,888, another downside move could accelerate.

For now, the short-term setup looks BEARISH

$80K rejection + weak 1H structure = caution for longs.

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