BTC is currently in a phase of rallying then pulling back, testing key resistance levels:


Bullish perspective: 4-hour moving averages are in a bullish alignment, institutional funds continue to flow in, if it holds above $77,500 support and breaks through $80,000, it may attempt to push higher to $84,000+.
Bearish perspective: 15-minute chart shows severe oversold conditions, 4-hour double top pattern, daily CCI/WR are overbought, resistance between $78,300–$80,500 is strong, if it cannot break through, a pullback to $75,000–$76,000 is possible.
Trading suggestion: Watch for a breakout direction in the $77,500–$80,000 range. Be cautious about chasing gains in the short term, wait for stabilization signals. If it falls below $77,000, be alert for a deep correction.
BTC-0.77%
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