BTC | Daily Technical Outlook
Price: $77,911 | RSI (14): 37
Structure: lower highs since September ($87.4K → $84.9K → $82.0K). The short-term trend remains bearish.
Key support: $76.0K–$76.6K, where the Fib 0.382, the 200-day EMA and the Oct 30 low converge.
Bullish case: a daily close above $80.5K opens the way to $82.0K.
Bearish case: a daily close below $76.0K targets $75.0K, then $72.6K.
Not financial advice. DYOR.
Price: $77,911 | RSI (14): 37
Structure: lower highs since September ($87.4K → $84.9K → $82.0K). The short-term trend remains bearish.
Key support: $76.0K–$76.6K, where the Fib 0.382, the 200-day EMA and the Oct 30 low converge.
Bullish case: a daily close above $80.5K opens the way to $82.0K.
Bearish case: a daily close below $76.0K targets $75.0K, then $72.6K.
Not financial advice. DYOR.
