BTC H1 – Cooling to 76.878 USD after losing momentum around 78.878 USD

Current price (Binance realtime): 76.878 USD, -1,96% compared with the close of 24 candles ago (78.416 USD).
Over the past 24h (Binance): high of 78.878 USD, low of 76.664 USD.

Bullish scenario: If the 76.664–76.878 USD zone holds and price breaks above 77.314 USD, it could head toward 78.416 USD and then 78.878 USD.

Bearish scenario: If price loses the 76.664 USD zone, it could retreat to 76.326 USD, or lower to 76.000 USD.

Personal view: BTC just formed a peak at 78.878 USD and then gradually declined, with each subsequent high lower than the last. Selling pressure remains dominant. Price needs to reclaim 77.314 USD for the downtrend to weaken; if it loses 76.664 USD, SHORT is preferred.

Manage your capital carefully. This is not investment advice.

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