$BTC is stuck in a sideways range near $75,900, with neutral-to-bearish signals. It is well below its Oct 2025 peak of about $126K.
š“ Resistance: $78,500 (50-day moving average). A breakout needs strong volume.
š” $76,000: the average cost basis of short-term holders, which BTC is defending.
š¢ Support: $75,000, a key round-number floor.
šµ Breakdown zone: a close below $74,500 could open a deeper dip.
Outlook: Range-bound for now. Wait for a volume-backed break above $78.5K or below $74.5K before taking a directional view.
ā ļø Not financial advice. Always manage your risk.
#bitcoin #BTC #crypto #CryptoAnalysis #trading
š
š“ Resistance: $78,500 (50-day moving average). A breakout needs strong volume.
š” $76,000: the average cost basis of short-term holders, which BTC is defending.
š¢ Support: $75,000, a key round-number floor.
šµ Breakdown zone: a close below $74,500 could open a deeper dip.
Outlook: Range-bound for now. Wait for a volume-backed break above $78.5K or below $74.5K before taking a directional view.
ā ļø Not financial advice. Always manage your risk.
#bitcoin #BTC #crypto #CryptoAnalysis #trading
š
