$BTC is approaching a critical demand zone after losing momentum around the $84,000 resistance area.
Currently trading around $76,948, #bitcoin is testing the $76,000–$77,000 support region, which could be important for determining its next move.
I’m watching for a potential liquidity sweep around this zone before a bullish reaction. If buyers successfully defend this support, BTC could recover toward $81,000–$82,000, with $83,000 as another upside target.
However, a decisive breakdown below support could expose the market to further downside, especially around the $75,563 level.
Currently trading around $76,948, #bitcoin is testing the $76,000–$77,000 support region, which could be important for determining its next move.
I’m watching for a potential liquidity sweep around this zone before a bullish reaction. If buyers successfully defend this support, BTC could recover toward $81,000–$82,000, with $83,000 as another upside target.
However, a decisive breakdown below support could expose the market to further downside, especially around the $75,563 level.
