$BTC Bitcoin is showing strong recovery momentum after a V-shaped reversal from $75,736. Price has reclaimed its 4-hour EMA cluster, while RSI has recovered into the mid-50s. Open interest increased over 8%, with relatively neutral funding supporting the spot-led recovery narrative. Traders are watching whether BTC can maintain its position above $78,000. Macro liquidity and geopolitical developments remain important risks.
📈 Bias: Bullish | 🎯 Entry: $77,800–$78,200 | 🛡 Support: $76,000 / $75,736 | 🚧 Resistance: $78,718 / $80,000 | 🎯 Targets: $78,700 / $79,500 / $80,200 | ❌ Invalidation: $76,900
Strategy: Watch for a successful breakout retest and confirmation above $78,000 before considering continuation entries.
#BTC #Bitcoin #CryptoTrading #Binance #TechnicalAnalysis
📈 Bias: Bullish | 🎯 Entry: $77,800–$78,200 | 🛡 Support: $76,000 / $75,736 | 🚧 Resistance: $78,718 / $80,000 | 🎯 Targets: $78,700 / $79,500 / $80,200 | ❌ Invalidation: $76,900
Strategy: Watch for a successful breakout retest and confirmation above $78,000 before considering continuation entries.
#BTC #Bitcoin #CryptoTrading #Binance #TechnicalAnalysis
