๐$BTC $77,400 Wall: 4 Rejections & Counting!
Is the local top in? ๐ป
Bitcoin just hit the $77,400 resistance for the 4th time and failed to break through. My shorts are printing (check the history ๐), but the real question is what happens next.
The Setup:
Resistance: $77,400 is a massive supply zone.
Support: Looking at $76,200 as the first major line of defense.
The Play: Iโm staying cautious until we see a solid 4H candle close above $77,600. If we lose $77k, expect a quick slide to the 21 SMA (~$76.5k).
Are you Bullish ๐ or Bearish ๐ป at this level? Let me know below!
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