🔥 holding key support at $75,800–$76,000 after a tough week
Bitcoin is currently trading around $75,900 after the sharp drop from $80k+ earlier this week.
We’ve now had 5 lower weekly closes in a row, and the price is sitting right on an important support zone. Fear & Greed is still deep in fear (around 28).
Key levels to watch:
• Strong support → $75,000 – $75,500
• Immediate resistance → $76,200 – $76,500
• Major resistance → $78,000 – $80,000
Quick observations:
Selling volume has slowed down compared to the Nov 5 dump
Price is still holding above the 200-day moving average
Short-term structure is weak, but panic selling has stopped
My view:
As long as $BTC holds above $75,000, this looks more like a healthy pause than the start of a bigger crash. A clean break and hold above $76,500–$77,000 would improve the short-term outlook. Losing $75k with volume opens the door to $73k–$72k.
Are you buying in this range or waiting for lower prices?
Drop your thoughts below 👇
$ETH $BNB
Bitcoin is currently trading around $75,900 after the sharp drop from $80k+ earlier this week.
We’ve now had 5 lower weekly closes in a row, and the price is sitting right on an important support zone. Fear & Greed is still deep in fear (around 28).
Key levels to watch:
• Strong support → $75,000 – $75,500
• Immediate resistance → $76,200 – $76,500
• Major resistance → $78,000 – $80,000
Quick observations:
Selling volume has slowed down compared to the Nov 5 dump
Price is still holding above the 200-day moving average
Short-term structure is weak, but panic selling has stopped
My view:
As long as $BTC holds above $75,000, this looks more like a healthy pause than the start of a bigger crash. A clean break and hold above $76,500–$77,000 would improve the short-term outlook. Losing $75k with volume opens the door to $73k–$72k.
Are you buying in this range or waiting for lower prices?
Drop your thoughts below 👇
$ETH $BNB