I’m still watching the $76,000 zone as a potential bottom for $BTC.
After touching approximately $76,325, Bitcoin has bounced back and is trading near $77,800. Buyers are trying to stabilize the market, but the real test is whether they can turn this recovery into a sustained bullish reversal.
And honestly... I’m watching Monday closely. 👀 Could the new week bring fresh buying pressure?
📊 THE LEVELS THAT MATTER
🟢 Support Zone: $76,000–$76,325
🔹 Near Resistance: Around $78,000
🔹 First Major Hurdle: $80,000
🚀 Breakout Confirmation: Above $82,000
🎯 Bullish Target: $90,000+
A sustained move above $80K could improve market sentiment. If buyers then reclaim $82K with strong volume, the path toward $90K becomes an interesting bullish scenario.
⚠️ WHAT COULD INVALIDATE THE BULLISH VIEW?
If $BTC loses the $76K support zone on a convincing daily close, the recovery thesis becomes weaker. The next downside areas to watch are around $74,800–$73,000.
There is also another factor traders should not ignore: US spot Ethereum ETFs have recorded 23 consecutive trading days of net outflows, highlighting continued weakness in institutional demand for ETH exposure. That broader market pressure could affect crypto sentiment too.
🧠 MY STRATEGY
I’m leaning cautiously bullish, but I don't want to chase a sudden green candle.
My focus:
Accumulate gradually rather than entering all at once.
Watch how BTC reacts around $78K–$80K.
Look for strong volume before treating $82K as a confirmed breakout.
Keep risk management in place if $76K fails.
Imagine the market keeps waiting for $70K, while Bitcoin surprises everyone with a recovery toward $90K! 🔥
What’s your opinion, buddies? Is $76K the real bottom, or are we going to see another dip before the next major rally? 👇
#USSpotETHETFsPost23StraightDaysOfNetOutflows
#BinanceSAFUFundTransferCompleted7499BTC
