$BTC /USDT Market Update:
Bullish Momentum Slows Near Resistance.
The Bitcoin /USDT pair is currently trading around $77,981, showing a modest +0.56% gain over the last 24 hours. Price recently spiked toward the $78,200 resistance zone but failed to sustain momentum, followed by a short consolidation phase.
On the 15-minute chart you can see that, the market shows bullish strength earlier, but is now cooling off with sideways movement, suggesting indecision between buyers and sellers. The order book reflects strong buying pressure (75% bids), indicating potential support below current levels.
Overall, the trend remains short-term neutral to slightly bullish, with traders watching for a breakout above $78,200 or a pullback toward support near $77,300.
BTC
76,964.8
-1.66%