$$BTC is currently trading at $76,890 after a sharp drop of -1.89%, dangerously close to its 24-hour low at $76,464.
The 1H chart shows a clearly bearish structure with lower highs and lower lows. The price is struggling to reclaim the $77,000 level, which is now acting as immediate resistance. Volume is significant at $1.19B USDT, indicating strong selling pressure. I’m watching for a confirmed break below $76,464 to target lower levels, but a rebound above $77,200 could signal a short-term relief bounce. $BTC $
#CryptoSectorsFallSecondDay
#CPIWatch #BitcoinGoldenCrossConfirms #AppleRises3.56%AfterIPhoneDuoLaunch #US10YTreasuryYieldHitsHighestSinceOct2023
The 1H chart shows a clearly bearish structure with lower highs and lower lows. The price is struggling to reclaim the $77,000 level, which is now acting as immediate resistance. Volume is significant at $1.19B USDT, indicating strong selling pressure. I’m watching for a confirmed break below $76,464 to target lower levels, but a rebound above $77,200 could signal a short-term relief bounce. $BTC $
#CryptoSectorsFallSecondDay
#CPIWatch #BitcoinGoldenCrossConfirms #AppleRises3.56%AfterIPhoneDuoLaunch #US10YTreasuryYieldHitsHighestSinceOct2023
