$BTC trend: Bitcoin is showing short-term bearish momentum. The 4-hour RSI is around 39.7, suggesting weak buying strength. Price is consolidating near the $76,000 zone.
Important levels
Resistance: $78,700–$79,220
Immediate resistance: $76,600
Support zone: $75,975
Lower support: $74,845
Trading outlook:
Bullish: A strong 4H breakout above $76,600 could support recovery.
Bearish: A breakdown below $75,975 could increase selling pressure.
Overall: Sellers currently have the short-term advantage
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Important levels
Resistance: $78,700–$79,220
Immediate resistance: $76,600
Support zone: $75,975
Lower support: $74,845
Trading outlook:
Bullish: A strong 4H breakout above $76,600 could support recovery.
Bearish: A breakdown below $75,975 could increase selling pressure.
Overall: Sellers currently have the short-term advantage
#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime #TradFiForBeginners
