*BTC at $78k just bounced from $76,500 strong support.*
*Short-term: LONG is profitable* - 1H chart shows oversold bounce started, target $79.8k.
*Mid-term: SHORT is risky now, wait* - 1D/1W downtrend still active, your Cost $80,071 is still resistance.
After a sharp sell-off, buyers are finally stepping back in from the lows.
BTC bounced from 76,444 and is now back above 77,500.BTC still faces resistance around 78,500 – 79,800.$BTC
#bitcoin #BTC
*Short-term: LONG is profitable* - 1H chart shows oversold bounce started, target $79.8k.
*Mid-term: SHORT is risky now, wait* - 1D/1W downtrend still active, your Cost $80,071 is still resistance.
After a sharp sell-off, buyers are finally stepping back in from the lows.
BTC bounced from 76,444 and is now back above 77,500.BTC still faces resistance around 78,500 – 79,800.$BTC
#bitcoin #BTC
