📊 BTC $77,409 | 24h Volume $7.82B
Price is recovering from $76,107 low, now testing resistance near $77,400 – $77,500. Volume remains weak, suggesting cautious sentiment.
KEY LEVELS:
• Resistance: $77,500 – $78,000
• Support: $76,500 – $76,000
📰 NEWS & INSTITUTIONS:
• Bitcoin Pizza Day – miner promotions, but no major price impact.
• ETF outflows slowed after last week's $1.5B exit.
• Iran-US tensions still high (oil ~$105), keeping risk-off sentiment alive.
• Strategy (MicroStrategy) holds 818k BTC – no new large purchases recently.
📌 STRATEGY:
• Range-bound market. Wait for breakout above $77.5k or breakdown below $76k.
• Long only if price holds $76.5k and reclaims $77.5k with volume.
• Short only if $76k breaks with volume.
No hype. Just levels.
#BTC #Bitcoin #CryptoAnalysis
Price is recovering from $76,107 low, now testing resistance near $77,400 – $77,500. Volume remains weak, suggesting cautious sentiment.
KEY LEVELS:
• Resistance: $77,500 – $78,000
• Support: $76,500 – $76,000
📰 NEWS & INSTITUTIONS:
• Bitcoin Pizza Day – miner promotions, but no major price impact.
• ETF outflows slowed after last week's $1.5B exit.
• Iran-US tensions still high (oil ~$105), keeping risk-off sentiment alive.
• Strategy (MicroStrategy) holds 818k BTC – no new large purchases recently.
📌 STRATEGY:
• Range-bound market. Wait for breakout above $77.5k or breakdown below $76k.
• Long only if price holds $76.5k and reclaims $77.5k with volume.
• Short only if $76k breaks with volume.
No hype. Just levels.
#BTC #Bitcoin #CryptoAnalysis