I'm monitoring Bitcoin here and seeing that it's having difficulty maintaining gains. It tested $76,000 but couldn't sustain it, retreating to the $70,000 range. Now the price is around $77,300, but volatility is heavy.

What’s catching attention is a technical pattern that analysts are discussing a lot—a possible bearish wedge that could indicate more decline if it breaks the lower support. Aksel Kibar, a well-known technician, warned that if this level breaks, Bitcoin could drop to $52,500. The critical zone is between $73,700 and $76,500, so any movement there will be important to watch.

But it’s not just the chart. Oil is rising significantly, and that’s fueling inflation concerns, which affect all risk assets. The markets are also re-pricing Fed expectations—now there’s a 50% chance of a rate hike by the end of 2026, quite different from a few months ago. All of this together is keeping Bitcoin tied to macro volatility. For me, the next few days will be decisive to see if we can establish a sustained base or if it really drops.