Bitcoin $BTC has managed to bounce from the $76,400 support area, but we're not out of the woods just yet. BTC is now trading around $78,350 after recovering from the sharp sell-off, but the $79,500 level is still sitting above us as resistance. That's the level I want to see reclaimed. If buyers can get #BTC back above $79,500 and hold it, we could start seeing a much stronger recovery towards $81,200. Until then, this is still a bounce within a damaged market structure, and another test of $76,400 cannot be ruled out.