$BTC Technical Update 🚨
Bitcoin is currently trading around $79K after facing rejection near the upper resistance trendline. The chart shows BTC still moving inside a rising channel, but short-term momentum is weakening.
📉 Key Support Zones:
• $71,250 — major support level
• $60,000 — strong demand zone if market sees heavy correction
📈 Key Resistance Levels:
• $85,800
• $100,300
• $114,900+
RSI indicators are cooling down, signaling that buyers are losing strength in the short term. If BTC holds above the $71K area, bulls could attempt another push toward $85K+. But a breakdown may trigger a deeper correction before the next big move.
⚡ Market Structure Still Bullish Long-Term
Smart money is watching support carefully while volatility increases.$BTC