Technical Analysis of Chart $BTC

​Aggressive Sweep and Absorption: After touching the $76,264 floor, a massive buy volume came in that absorbed the drop with two giant green candles.

​Pressure Dominates the Book: The order book indicator shows 89.85% Demand versus 10.15% Supply. There is a huge buy-orders wall supporting this move.

​Break of Dynamic Moving Averages: It broke upward above the MA(7) ($76,974) and the MA(25) ($76,859). In addition, it put a wick above the MA(99) at $77,317, showing the intention to shift the structure of the very short term to bullish.

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