$BTC Bitcoin remains under short-term pressure after breaking below key support and its 20-day EMA. Aggressive futures selling and $366 million in liquidations highlight elevated downside risk. However, strong spot order books could help stabilize the market. Election uncertainty and ETF outflows remain important catalysts. Watch the $76,000â$76,350 zone for a potential reaction.
đ Bias: Cautiously Bearish to Neutral | đŻ Entry: $76,000â$76,350 | đĄ Support: $76,275 / $76,000 | đ§ Resistance: $77,600 / $78,313 | đŻ Targets: $77,200 / $77,600 / $78,500 | â Invalidation: $75,500
Strategy: Monitor support confirmation before considering a long position.
#Bitcoin #BTC #CryptoTrading #Binance #TechnicalAnalysis
đ Bias: Cautiously Bearish to Neutral | đŻ Entry: $76,000â$76,350 | đĄ Support: $76,275 / $76,000 | đ§ Resistance: $77,600 / $78,313 | đŻ Targets: $77,200 / $77,600 / $78,500 | â Invalidation: $75,500
Strategy: Monitor support confirmation before considering a long position.
#Bitcoin #BTC #CryptoTrading #Binance #TechnicalAnalysis
