Bitcoin $BTC doesn’t need a single green candle to convince us that the decline is over.
The reference price in the latest update available to me was around $75,811, and the technical picture still leans cautious; selling is stronger on the 4-hour and daily time frames.
Levels worth watching:
- $75,500–$75,200: nearby support zone.
- $76,100–$76,430: resistance that needs to be reclaimed.
- Holding above $76,430 could improve the chances of a recovery.
- A break below $75,200 opens up the possibility of testing lower levels.
I’m not rushing to buy here. I’d rather see buyers reclaim resistance first, instead of entering just because the price has become lower.
Bitcoin still has the greatest influence on the market, but respecting the trend is more important than clinging to wishful thinking.
#BTC #Bitcoin #BinanceSquareTalks
The reference price in the latest update available to me was around $75,811, and the technical picture still leans cautious; selling is stronger on the 4-hour and daily time frames.
Levels worth watching:
- $75,500–$75,200: nearby support zone.
- $76,100–$76,430: resistance that needs to be reclaimed.
- Holding above $76,430 could improve the chances of a recovery.
- A break below $75,200 opens up the possibility of testing lower levels.
I’m not rushing to buy here. I’d rather see buyers reclaim resistance first, instead of entering just because the price has become lower.
Bitcoin still has the greatest influence on the market, but respecting the trend is more important than clinging to wishful thinking.
#BTC #Bitcoin #BinanceSquareTalks