Bitcoin / TetherUS
Long

(BTC) Update — Three-Drive Pattern Forming at Key Support

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Bitcoin is consolidating within the $75,000–$78,000 support cluster, where a potential three-drive reversal pattern may be taking shape. Price is trying to stabilise after a strong bearish expansion wiped out major structural levels.

Although downward momentum remains dominant, this region is historically significant for Bitcoin. The emerging three-drive structure, combined with early signs of compression, suggests the market may be preparing for a potential shift in direction.

Key Points
- Bitcoin stabilising inside the $75K–$78K support cluster
- Early signs of a potential three-drive reversal structure
- Market showing initial compression after extended downside

What to Expect

If Bitcoin completes the third drive and reclaims the $78K zone with momentum, a stronger recovery may form. Failure to hold this support could lead to deeper downside continuation.

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