BTC is currently trading at $79,039, down 0.09% in the last 24 hours.
BTC
76,883.73
-1.57%
The price is consolidating after a strong rally and remains above all major moving averages (7, 25 & 99), which is a bullish sign. However, short-term momentum has slowed down slightly.
Key Levels to Watch
Resistance: $79,500 – $80,000
Support: $78,000 – $78,500
Simple Takeaway
Bitcoin is still in a strong uptrend but is currently in a consolidation phase. Holding above $78,000 is important for bulls. A clear break above $80,000 would signal further upside.
NOT FINANCIAL ADVICE