Bitcoin maintains weak volatile movement recently, overall trend is biased to downside.
Current price hovers near key support level 76500, this position still holds effective support. Primary resistance is located at 78000 and 80000.
Market sentiment remains cautious, macro liquidity expectation restricts upward momentum. High leverage positions have not been fully cleared, bringing certain fluctuation risks.
In short term, BTC will mainly range fluctuate. Breaking below 76500 will trigger further downside space; steadily standing above 78000 can see moderate rebound movement.
- Buy: 76000–76500
- TP: 77000 - 77500 - 78000
Current price hovers near key support level 76500, this position still holds effective support. Primary resistance is located at 78000 and 80000.
Market sentiment remains cautious, macro liquidity expectation restricts upward momentum. High leverage positions have not been fully cleared, bringing certain fluctuation risks.
In short term, BTC will mainly range fluctuate. Breaking below 76500 will trigger further downside space; steadily standing above 78000 can see moderate rebound movement.
- Buy: 76000–76500
- TP: 77000 - 77500 - 78000
Trade active
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.