$BTC Bitcoin is trading at $77,524, down 2.66%, with approximately $59.35B in 24-hour volume. Price remains below the 4H EMA20 and EMA50, keeping short-term momentum bearish. The RSI recovery from 35 could produce a temporary bounce, but aggressive long liquidations and ongoing deleveraging remain important risks. Traders should watch the $78,200â$78,800 rejection zone before considering bearish continuation.
đ Bias: Neutral-Bearish | đŻ Entry: $78,200â$78,800 | đĄ Support: $76,500 / $75,000 | đ§ Resistance: $78,740 / $79,580 | đŻ Targets: $77,200 / $76,500 / $75,500 | â Invalidation: 4H close above $80,000
Strategy: Consider short entries following a confirmed lower-high rejection within the entry zone. Avoid chasing price without confirmation.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
đ Bias: Neutral-Bearish | đŻ Entry: $78,200â$78,800 | đĄ Support: $76,500 / $75,000 | đ§ Resistance: $78,740 / $79,580 | đŻ Targets: $77,200 / $76,500 / $75,500 | â Invalidation: 4H close above $80,000
Strategy: Consider short entries following a confirmed lower-high rejection within the entry zone. Avoid chasing price without confirmation.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
