Levels:
Resistance: 78,200 – 84,800
Support: 73,500 – 70,000 – 64,500
BTC is trading inside a descending channel, respecting both trendlines well. After a strong bounce from the $60K zone, price is now approaching the upper boundary of the channel near $78K, which is acting as dynamic resistance. Short-term structure shows higher lows, indicating mild bullish momentum, but overall trend remains bearish unless a clean breakout happens.
If BTC breaks and holds above $78,200, we can expect continuation toward $84K+. However, rejection from this zone could push price back toward $73K and possibly $70K support. Volume remains moderate, so confirmation is key before entering trades.
Traders should watch for breakout or rejection at the channel resistance for the next directional move.