$BTC ### ## Current Market Overview
Over the last 30 days, BTC has seen a sharp reversal. After hitting local highs in mid-January, the price has dropped by approximately **12-13%** in just the first few days of February.
| Metric | Level (Approx. USD) | Status |
| --- | --- | --- |
| **Current Price** | ~$78,500 - $79,000 | 🔴 Bearish (Short-term) |
| **Immediate Resistance** | ~$82,000 | Hard to break |
| **Major Support** | ~$76,000 - $77,500 | Critical "Buy Zone" |
| **24h Trend** | -1.25% | Consolidation/Drip |
---
### ### Short-Term Technical Analysis
1. **Bearish Momentum:** The price action on the daily chart shows a "lower high" pattern. The aggressive sell-off starting Jan 30th indicates that institutional profit-taking or macroeconomic shifts are outweighing retail buying at the moment.
2. **Support Testing:** We are currently approaching a critical support zone. If BTC fails to hold the **$77,500** level, we could see a quick "wick" down to **$75,000** to hunt for liquidity before any potential bounce.
3. **RSI (Relative Strength Index):** The RSI is moving toward "oversold" territory. While this suggests the selling is getting exhausted, it doesn't mean an instant pump; it often leads to sideways movement (boring price action) first.
---
### ### Potential Scenarios
* **Bullish Case:** If BTC stays above $78,000 for the next 48 hours, look for a relief rally back toward **$82,500**. This would be a "retest" of the previous breakdown point.
* **Bearish Case:** A daily close below $77,000 would likely signal a deeper correction toward the **$72,000 - $73,500** range.
#TrumpProCrypto #GoldSilverRebound #VitalikSells #StrategyBTCPurchase #AISocialNetworkMoltbook