Bitcoin$BITCOIN is currently trading around the $77K area after facing strong resistance near $80K.
On the daily chart, BTC is trading below the MA(7) at around $77.3K and MA(25) at around $78.35K, which suggests that short-term momentum remains under pressure.
The key support level to watch is $75K. If BTC breaks below this level with strong selling pressure, further downside could follow.
However, if BTC reclaims and holds above $77.3K–$78.35K, the bearish setup could weaken, opening the possibility of a move back toward $80K.
🔴 Current Bias: Bearish / Sideways
📌 Support: $75K
📌 Resistance: $77.3K–$78.35K
🎯 Major Resistance: $80K