$BTC Bitcoin is trading at $78,045.22, experiencing a minor 24-hour decline of 1.29%. The short-term price action shows a consolidation phase following a drop from a 24-hour high of $79,097.28.
The immediate overhead resistance sits at $78,203. Analysts note that as long as the price remains below this level, the intraday bias stays slightly weak or range-bound.
The closest major support zone to watch is $77,640 (today's current low). If selling pressure intensifies and breaks this level, BTC could test the deeper $74,929 Fibonacci support region later today.
The overall intraday outlook is cautiously neutral-to-bearish. Traders should expect a continuation of range-bound movement between $77,500 and $78,500 unless an unexpected surge in trading volume forces a sharp breakout.
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