Bitcoin $BTC is holding an important zone around $77K after a sharp decline from $87K. Despite the correction, price remains above the 99 MA, keeping a possible recovery scenario in focus.
A sustained hold above this level could bring buyers back into the market, especially if $BTC manages to reclaim $78K.
However, confirmation is still needed before calling it a reversal. A breakdown below $76.5K could weaken the bullish outlook.
BTC
75,808.01
+0.25%
For now, patience is key. The next move could reveal whether buyers are ready to take control.
Is $BTC preparing for a bounce, or is another correction ahead?