BTC is at a very interesting point on the daily chart. The bounce from the 64.4k area was strong, and now price is testing the 78.5k zone, which is one of the most important resistance levels on this structure. This is where the market will likely decide whether the current recovery has more room to continue or not.
The break above the falling trendline is a good sign and shows that sellers are losing some control. Still, bulls need to prove themselves here. A solid daily close above 78.5k could shift attention toward the 98.7k region next. If the market gets rejected, then the 70k to 64.4k range becomes the key area to defend.
For now, I would say the chart looks better than it did a few weeks ago, but this is still a confirmation zone. If BTC flips this resistance into support, sentiment could change fast. #btc #Binance #AltcoinRecoverySignals?