$BTC Is Recovering, But the Real Test Is Still Ahead.
Bitcoin is trading near $78,044 after bouncing from the $76,325 low. However, the recovery is facing resistance, and buyers still need to prove their strength.
Key Levels:
Resistance: $78,527 and $79,769.
Support: $77,285 and $76,325.
A breakout above $78,527 could open the way toward $79,769. However, rejection may bring selling pressure back toward lower support levels.
For now, the daily chart suggests a cautious recovery, not a confirmed bullish reversal.
Can Bitcoin reclaim $79K, or will sellers take control again?
$BTC #trading #crypto
Bitcoin is trading near $78,044 after bouncing from the $76,325 low. However, the recovery is facing resistance, and buyers still need to prove their strength.
Key Levels:
Resistance: $78,527 and $79,769.
Support: $77,285 and $76,325.
A breakout above $78,527 could open the way toward $79,769. However, rejection may bring selling pressure back toward lower support levels.
For now, the daily chart suggests a cautious recovery, not a confirmed bullish reversal.
Can Bitcoin reclaim $79K, or will sellers take control again?
$BTC #trading #crypto
