$BTC coin is facing strong selling pressure after falling to a six-week low. Market sentiment remains weak following news of a reported Binance security issue and broader crypto-market losses.
Key technical levels:
Support: $77,688
Resistance: $79,436
Momentum: Negative
Short-term trend: Bearish
My market outlook: BTC may remain bearish unless it recovers above $79,436. Watch the support level for signs of a possible bounce.
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