Bitcoin is still struggling to reclaim the $79K area after getting rejected near that level.
$BTC is currently around $75.9K, with $76.8K acting as an important demand zone and $79K as the key resistance/supply zone.
📉 Bearish scenario:
If BTC loses $76.8K with strong selling pressure and fails to reclaim it, sellers could gain more control. Watch the candle close and retest rather than entering immediately on a breakdown.
📈 Bullish scenario:
If BTC breaks above $79K and holds it as support, the current bearish structure would be weakened. A breakout followed by a successful retest would provide stronger confirmation than simply touching $79K.
🎯 Simple plan:
• Below $76.8K → wait for confirmation
• Between $76.8K–$79K → avoid forcing an entry
• Above $79K + successful retest → watch for bullish confirmation
⚠️ Don't trade just because price reaches a level. Wait for confirmation, manage risk, and always DYOR.
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