$BTC remains in a volatile phase, trading around the mid-$70,000s to low-$80,000s after recent swings. Prices briefly dipped into the mid-$74k range following a sharp selloff before buyers stepped in and pushed back toward higher levels. �
Swikblog
📉 Technical Themes
Support & resistance: Key support near ~$75k–$79k is being tested. Falling below these levels could widen downside risks, but holding here helps keep the broader technical setup intact. �
Brave New Coin
Volatility persists: Recent price action shows sharp moves and forced liquidations, typical in thin weekend liquidity. �
Swikblog
Momentum signals: Some AI forecasts predict modest changes this month, hinting at sideways action unless macro factors shift. �
CryptoNews
🧠 Macro & Sentiment Drivers
U.S. dollar strength is influencing risk assets, potentially weighing on BTC’s recovery attempts. �
CoinDesk
Broader market forecasts remain mixed: some analysts see potential for rebounds into the high-$80k to near-$100k ranges, while others highlight liquidity constraints and cautious investor positioning. �
tradingnews.com +1
📌 Short-Term Outlook
Bullish scenario: Holding support around the mid-$70k zone and reclaiming key moving averages could pave the way for a near-term push higher.
Bearish scenario: A decisive break below major support could open deeper corrections.
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