$BTC $
Bitcoin (BTC)
Bitcoin is currently trading in a volatile bearish phase.
Price is hovering around the $77K–$78K zone.
Recent candles show lower highs and lower closes, indicating selling pressure.
Strong support lies near $70K–$75K, where buyers may step in.
Immediate resistance is seen around $85K–$90K.
Long wicks on candles suggest high intraday volatility.
Market sentiment remains cautious due to macro uncertainty.
Liquidations have increased, adding pressure to price action.
Buyers are active but lack strong momentum.
Sellers still control the short-term trend.
Consolidation may occur before the next major move.
A break above resistance could signal recovery.
Failure to hold support may lead to further downside.
📊 Candlestick Chart:
I’ve added a BTC/USD candlestick chart above (sample data) to visually show the recent bearish trend and volatility.
