₿ Bitcoin ($BTC ) — Market Update
BTC is trading around $77,600, facing strong selling pressure after dropping to a six-week low. Binance's reported security issue has added uncertainty to the crypto market.
Support: $77,470 – $76,500
Resistance: $78,257 – $79,804
RSI: Around 35, showing weak momentum.
My view: BTC needs to reclaim $78,257 to show recovery strength. A break below $76,500 could trigger another downward move. Watch for confirmation before entering a trade.
Source:
$BTC
#KOSPIFalls3.53%BackBelow6000 #USMidtermElections #TwoAddressesHoldingAbout1.28BUSDTFrozen #TwoAddressesHoldingAbout1.28BUSDTFrozen #USMidtermElections
BTC is trading around $77,600, facing strong selling pressure after dropping to a six-week low. Binance's reported security issue has added uncertainty to the crypto market.
Support: $77,470 – $76,500
Resistance: $78,257 – $79,804
RSI: Around 35, showing weak momentum.
My view: BTC needs to reclaim $78,257 to show recovery strength. A break below $76,500 could trigger another downward move. Watch for confirmation before entering a trade.
Source:
$BTC
#KOSPIFalls3.53%BackBelow6000 #USMidtermElections #TwoAddressesHoldingAbout1.28BUSDTFrozen #TwoAddressesHoldingAbout1.28BUSDTFrozen #USMidtermElections
