Bitcoin price is stabilizing above $76,000, a crucial support level that will determine the next major move.

Current prices are $BTC $76,000, $ETH $0, $BNB $0, $SOL $0 with 0% 24h change.

The price failed to stay above $77,000 and extended losses, forming a bearish trend line with resistance at $77,200.

This breakdown below $77,000 is significant as it may lead to further losses.

The price is trading below $77,200 and the 100 hourly simple moving average, indicating a potential downtrend.

Support at $76,000, resistance at $77,200.

The bearish trend line suggests a bearish signal with a target price of $74,000.

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