Current Price: $78,330.00 | -0.99% on the day 24h Range: $77,770 - $79,760
What I'm seeing on the 1D chart: • Key Level: $BTC rejected near $82,300 and is now pulling back to test support • MAs: Price is sitting between MA7 $79,148 and MA25 $76,959. Holding above MA25 is crucial for bulls • Trend: Still bullish overall. MA25 and MA99 are sloping up. 30D gain = +22.60% • Volume: Cooling off after the run to 82k. Need volume to break $79,760 again
My Take: Short term dip to $77,770 - $76,960 zone for support retest. If $BTC holds MA25, next target is retest of $82,300 and then $83,279. If we lose $76,960, expect a deeper pullback to $74,662.
Bias: Cautiously Bullish as long as we stay above $76,960 ✅
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What do you guys think? Dip buy opportunity or more downside? Drop your target 👇