$BTC at $77,613: Will it break resistance or remain bearish?
CoinDesk reports that Binance says it has replaced 90% of the crypto stolen in the $6.3B breach. The funds are reportedly already back.
The price of $BTC is US$77,613 (+0.33% in 24h). $NEAR (+5.4%) and $ZEC (+3.3%) are also moving. 24h volume: US$631M, RSI 39.
The 4h trend is bearish; EMA20 is 78,501 and EMA50 is 79,664. Support: 76,384; if it falls below that level, the decline continues toward 73,200. Resistance: 79,451; breaking above it would invalidate the bearish trend and open the way to 81,367.
My take: replacing the funds could calm the panic and give BTC a slight boost, but it’s not enough to change the current trend.
Will it break 79,451 or return to 76,384? 🟢/🔴
#Bitcoin #Binance #Futures
This is not financial advice. Verify before investing.
CoinDesk reports that Binance says it has replaced 90% of the crypto stolen in the $6.3B breach. The funds are reportedly already back.
The price of $BTC is US$77,613 (+0.33% in 24h). $NEAR (+5.4%) and $ZEC (+3.3%) are also moving. 24h volume: US$631M, RSI 39.
The 4h trend is bearish; EMA20 is 78,501 and EMA50 is 79,664. Support: 76,384; if it falls below that level, the decline continues toward 73,200. Resistance: 79,451; breaking above it would invalidate the bearish trend and open the way to 81,367.
My take: replacing the funds could calm the panic and give BTC a slight boost, but it’s not enough to change the current trend.
Will it break 79,451 or return to 76,384? 🟢/🔴
#Bitcoin #Binance #Futures
This is not financial advice. Verify before investing.
