$BTC has had a rough week, but it’s not breaking down just yet.
What stands out to me is how Bitcoin has held up despite the pressure following the Binance hack.
After the news broke, BTC dropped sharply, briefly trading around $76.4K. But buyers have so far managed to defend the $76K–$77.5K support region.
That said, the short-term structure remains bearish. BTC was rejected around $84.5K–$86K and has been moving lower ever since.
📉 If $76K breaks on a daily close:
The next area to watch is $72K–$73.5K, with $70K also on the radar.
📈 If buyers defend the zone:
A move back above $80K could open the door to a recovery, but $84.5K–$86K remains the major resistance.
BTC holding up after a major security incident is worth watching—but it doesn’t mean the downside is over. The market is still fragile.
For now, $76K is the level I’m watching closely. The next few daily closes could tell us a lot.
Will buyers defend this zone, or are we heading lower?
$ETH $ZEC
What stands out to me is how Bitcoin has held up despite the pressure following the Binance hack.
After the news broke, BTC dropped sharply, briefly trading around $76.4K. But buyers have so far managed to defend the $76K–$77.5K support region.
That said, the short-term structure remains bearish. BTC was rejected around $84.5K–$86K and has been moving lower ever since.
📉 If $76K breaks on a daily close:
The next area to watch is $72K–$73.5K, with $70K also on the radar.
📈 If buyers defend the zone:
A move back above $80K could open the door to a recovery, but $84.5K–$86K remains the major resistance.
BTC holding up after a major security incident is worth watching—but it doesn’t mean the downside is over. The market is still fragile.
For now, $76K is the level I’m watching closely. The next few daily closes could tell us a lot.
Will buyers defend this zone, or are we heading lower?
$ETH $ZEC
