📉 BTC UPDATE: Bearish pressure remains.
BTC has broken below its rising structure and is testing the $76.6K support area.
Binance has begun restoring withdrawals following its security breach, but reported net outflows of about $4.72B since reopening are keeping market sentiment cautious.
Key levels to watch:
- Support: $76.6K – $76.4K
- Resistance: $77.2K
- Next resistance: $78.1K
A break below support could open the door to further downside. A recovery above resistance would weaken the bearish setup.
Stay alert. Don't trade the headlines alone.
$BTC BTC #Bitcoin #CryptoMarket #PromadoX
BTC has broken below its rising structure and is testing the $76.6K support area.
Binance has begun restoring withdrawals following its security breach, but reported net outflows of about $4.72B since reopening are keeping market sentiment cautious.
Key levels to watch:
- Support: $76.6K – $76.4K
- Resistance: $77.2K
- Next resistance: $78.1K
A break below support could open the door to further downside. A recovery above resistance would weaken the bearish setup.
Stay alert. Don't trade the headlines alone.
$BTC BTC #Bitcoin #CryptoMarket #PromadoX
