$BTC | Daily Technical Outlook
Bitcoin is showing a recovery from the $76,417–$77,068 demand zone, but the upside momentum still needs confirmation.
The immediate resistance zone is $80,966–$81,676. A daily candle close above $81,772 is required to confirm further upside momentum.
My preferred view remains cautious. If BTC faces rejection from the resistance zone, another corrective move towards $76,417 is possible. A breakdown below this support could open the door towards the Weekly Support-1 zone of $69,076–$72,575.
Key Levels:
Resistance: $80,966–$81,772
Immediate Support: $76,417–$77,068