Bitcoin is currently consolidating around $77,911 after testing a 24-hour high of $79,400 and a low of $77,000. Despite a minor intraday dip of -1.05%, the broader trend shows strong resilience with solid 30-day and 90-day gains.
Key Support: The $77,000 psychological level is acting as a crucial defense line for bulls.
Resistance & Moving Averages: Price action is currently hovering near the MA60 line (~$78,147), indicating that buyers need to break past this barrier to regain upward momentum.
Outlook: Expecting a brief accumulation phase around current levels before the next leg up toward the $78,500 – $79,000 resistance zone.
What is your next move? Are you accumulating the dip or waiting for a breakout? Let me know in the comments below! 👇
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