$BTC bounced off $74,888, but the rebound stalled near $76,250. Since then, the 15-minute candles have tightened around $75.9K as volume has cooled.
The 4-hour chart puts that pause in perspective. Bitcoin is still trading below the area where the last sharp sell-off began, and all three RSI readings remain below 50.
A break above $76,250 would give the rebound some room. I’d give it more weight if BTC held that level on a retest, especially after the last bounce toward $81K faded so quickly.
#Bitcoin #BTC
The 4-hour chart puts that pause in perspective. Bitcoin is still trading below the area where the last sharp sell-off began, and all three RSI readings remain below 50.
A break above $76,250 would give the rebound some room. I’d give it more weight if BTC held that level on a retest, especially after the last bounce toward $81K faded so quickly.
#Bitcoin #BTC