$BITCOIN (BTC) — Short Analysis
Bitcoin is currently trading around $77,000–$78,000, after a strong weekly rally of more than 20%.
Trend: Bullish, but momentum is stretched.
Resistance: $79,500–$80,000 — a clean breakout could strengthen the bullish move.
Support: $75,000–$77,000.
Outlook: Holding above support keeps the bullish structure intact; losing it could trigger a deeper pullback.
Key catalyst: Renewed Bitcoin ETF inflows are supporting investor demand.
#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly #BrentDrops1.87%
Bitcoin is currently trading around $77,000–$78,000, after a strong weekly rally of more than 20%.
Trend: Bullish, but momentum is stretched.
Resistance: $79,500–$80,000 — a clean breakout could strengthen the bullish move.
Support: $75,000–$77,000.
Outlook: Holding above support keeps the bullish structure intact; losing it could trigger a deeper pullback.
Key catalyst: Renewed Bitcoin ETF inflows are supporting investor demand.
#BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly #BrentDrops1.87%
