$BTC USDT — Momentum Still Looks Weak
I’m watching Bitcoin around $79,077, down 0.75% in 24H.
Market Feeling: Bearish
Key Levels
Resistance: $79,350–$79,600
Major Resistance: $79,950–$80,200
Support: $79,000
Major Support: $78,940
BTC is trading below the MA(7) at $79,334 and MA(25) at $79,659, showing short-term weakness. The recent rejection from the $80K area also keeps sellers in control for now.
Setup to Watch
Entry zone: $79,000–$79,150 only after confirmation
TP1: $79,350
TP2: $79,600
TP3: $80,000
Invalidation: Below $78,940
I’m not calling this a confirmed reversal yet. The price needs to reclaim $79.6K–$80K with strength before the bullish case becomes much stronger.
Debate: Can BTC reclaim $80K, or will $79K break first?
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⚠️ Personal analysis only. NFA — manage risk and DYOR.
$BTC
I’m watching Bitcoin around $79,077, down 0.75% in 24H.
Market Feeling: Bearish
Key Levels
Resistance: $79,350–$79,600
Major Resistance: $79,950–$80,200
Support: $79,000
Major Support: $78,940
BTC is trading below the MA(7) at $79,334 and MA(25) at $79,659, showing short-term weakness. The recent rejection from the $80K area also keeps sellers in control for now.
Setup to Watch
Entry zone: $79,000–$79,150 only after confirmation
TP1: $79,350
TP2: $79,600
TP3: $80,000
Invalidation: Below $78,940
I’m not calling this a confirmed reversal yet. The price needs to reclaim $79.6K–$80K with strength before the bullish case becomes much stronger.
Debate: Can BTC reclaim $80K, or will $79K break first?
Click here to view chart 👇
Follow for more
Share with your trading fam.
⚠️ Personal analysis only. NFA — manage risk and DYOR.
$BTC
