BTC has bounced back nicely and is currently trying to stabilize above the $78,000 mark. The chart shows solid recovery strength after finding buyers at lower levels, and the moving average is providing good immediate support.
If buyers keep up the momentum here, we could easily see a push toward the next local resistance. However, a minor rejection could pull it back for a quick retest before any major breakout. Watch the hourly close closely.
Are you bullish or bearish at this level? Drop your targets below!
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