H Mashhood
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Current price: Approximately $77,500.
Market outlook:
$BTC Bitcoin is facing strong selling pressure after falling below $78,000.
Support: $76,400–$74,450.
Resistance: $78,670–$80,000.
A breakout above $80,000 could signal recovery.
A breakdown below $74,450 could trigger further losses.
My view: Bitcoin currently looks bearish in the short term. Traders should wait for confirmation before entering a position.
Trading strategy: Avoid chasing the price. Watch the $76,400 support and $78,670 resistance for confirmation.
#BitcoinTradingTrends #USDCCirculationFallsAbout800MInSevenDays #bitcoin #BitcoinTransfer #BitcoinTradingVolume
{spot}(BTCUSDT)
Current price: Approximately $77,500.
Market outlook:
$BTC Bitcoin is facing strong selling pressure after falling below $78,000.
Support: $76,400–$74,450.
Resistance: $78,670–$80,000.
A breakout above $80,000 could signal recovery.
A breakdown below $74,450 could trigger further losses.
My view: Bitcoin currently looks bearish in the short term. Traders should wait for confirmation before entering a position.
Trading strategy: Avoid chasing the price. Watch the $76,400 support and $78,670 resistance for confirmation.
#BitcoinTradingTrends #USDCCirculationFallsAbout800MInSevenDays #bitcoin #BitcoinTransfer #BitcoinTradingVolume
Market outlook:
$BTC Bitcoin is facing strong selling pressure after falling below $78,000.
Support: $76,400–$74,450.
Resistance: $78,670–$80,000.
A breakout above $80,000 could signal recovery.
A breakdown below $74,450 could trigger further losses.
My view: Bitcoin currently looks bearish in the short term. Traders should wait for confirmation before entering a position.
Trading strategy: Avoid chasing the price. Watch the $76,400 support and $78,670 resistance for confirmation.
#BitcoinTradingTrends #USDCCirculationFallsAbout800MInSevenDays #bitcoin #BitcoinTransfer #BitcoinTradingVolume
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