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Currently, Bitcoin is continuously consolidating in a narrow flag pattern, with low market volatility. On Saturday, it is likely to continue consolidating, and after breaking the range, it will move into a one-sided trend.
A valid upward breakout above 78,463; a downward break below 77,573 that fails to recover quickly, leading to an initial pullback to 76,240. Once this support is broken, it will further decline to 74,930.
In the short term, it is trading within the 77,573-78,463 consolidation range, with no clear direction. Trading within this range has low cost-effectiveness, so it is recommended to wait for a breakout to operate accordingly.
For a breakout above 77,730, go long; for a breakdown below 77,284 with no rebound, go short with strict stop-loss.
If the hourly chart stabilizes above 77,730, target 78,480-79,420; if the 4-hour chart breaks below 77,386, look for a decline to 76,180-74,915.
Manage the weekend rhythm well, trade quickly in and out, and have fun with 🐶. Happy weekend!!!$BTC