Thoughts on #BTC
$BTC remains locked in consolidation directly over the $76,500–$76,800 horizontal support floor. Heavy dynamic resistance caps upside momentum, with the 55 EMA (~$78,982), 100 EMA (~$79,969), and 200 EMA (~$80,723) stacked beneath the $79.5K–$80.5K supply block.
Holding $76.8K support is critical to prevent a breakdown toward $74K. Until bulls reclaim the $79.5K–$80.5K supply zone, expect continued choppy range price action on $BTC
$BTC remains locked in consolidation directly over the $76,500–$76,800 horizontal support floor. Heavy dynamic resistance caps upside momentum, with the 55 EMA (~$78,982), 100 EMA (~$79,969), and 200 EMA (~$80,723) stacked beneath the $79.5K–$80.5K supply block.
Holding $76.8K support is critical to prevent a breakdown toward $74K. Until bulls reclaim the $79.5K–$80.5K supply zone, expect continued choppy range price action on $BTC
