$BTC Bitcoin is consolidating after losing the psychological $80,000 level. Despite ultra-high liquidity, BTC remains short-term neutral to bearish while maintaining a bullish medium-term outlook. Price is holding slightly above November's local lows, but buyers need a sustained move above $76,000 to improve market structure. Flat open interest and neutral funding suggest balanced derivatives positioning. ETF outflows and technology-sector weakness remain important risks.
đ Bias: Neutral to Bearish short-term | đŻ Entry: $75,200â$75,500 | đĄ Support: $75,100 / $72,000 | đ§ Resistance: $76,290 / $77,960 | đŻ Targets: $76,200 / $77,300 / $78,500 | â Invalidation: Close below $74,700
Strategy: Watch for confirmation above $76,000 before considering a bullish continuation.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
đ Bias: Neutral to Bearish short-term | đŻ Entry: $75,200â$75,500 | đĄ Support: $75,100 / $72,000 | đ§ Resistance: $76,290 / $77,960 | đŻ Targets: $76,200 / $77,300 / $78,500 | â Invalidation: Close below $74,700
Strategy: Watch for confirmation above $76,000 before considering a bullish continuation.
#Bitcoin #BTC #CryptoTrading #TechnicalAnalysis #BinanceSquare
