🚨 $BTC 4H update: Bulls Testing Crucial Support!
#BTC is under short-term selling pressure, trading at $78,171 after a rejection from the $82,850 peak. Here is the quick technical breakdown:
📉 Bearish Cross: The short-term MA(7) and MA(25) have crossed below the MA(99), signaling short-term bearish momentum. Price is currently capped under the $79,500 resistance zone.
🛡️ Key Support: Watch the immediate $78,000 – $76,166 zone. If this fails, the next major historical buy floor sits much lower near $68,016.
🚀 Bull Target: Bulls need a strong 4H candle close back above $80,000 to reclaim control and aim for a retest of the highs.
Volume remains steady, indicating consolidation rather than panic. Are you buying the dip here or waiting for lower levels? Let me know below!
Trade/Buy $BTC here 👇
