📊 Technical analysis BTC/USDT – 1D timeframe



Bitcoin is currently trading around 77,700 USDT, after a strong rebound from a low near 64,890 USDT up to the short-term high of 79,444 USDT. The medium-term trend still leans upward, but the market is entering an important consolidation phase.

1. Overall trend

Price remains above all important moving averages:

MA5: 77,898

MA10: 76,914

MA30: 72,792

The fact that MA5 and MA10 continue to stay above MA30 indicates the bullish structure has not been broken. Especially, the MA10 zone around 76,900 is acting as a good dynamic support for the current trend.

2. Market momentum

The MACD indicator remains in a positive state:

DIF: 2.040

DEA: 1.864

Histogram remains positive

However, the histogram is showing signs of narrowing, indicating the upward momentum is still there but buying strength is weakening. This often signals a consolidation phase before choosing the next direction.

Trading volume is no longer as explosive as during the previous breakout, confirming that market sentiment is becoming more cautious.

3. Important price zones

Near resistance:

78,500 – 79,500 USDT

This is a strong selling pressure zone, where BTC has been rejected multiple times.

Near support:

76,500 – 76,900 USDT

Holding this zone maintains the upward trend.

Stronger support:

74,500 – 75,000 USDT

This is a critical defensive zone if the market undergoes a deep correction.

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Next scenario

Positive scenario

If BTC holds the 76,500 – 76,900 zone and buying pressure resumes strongly, it is likely to continue attacking:

Target:

79,500

and further to 80,500 – 81,000

Negative scenario

If BTC loses the 76,500 support zone, profit-taking pressure could push the price down to:

Target decrease:

75,000

and deeper to 73,500 – 74,000

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Personal opinion

Currently, BTC does not show a clear reversal signal downward, but also lacks enough strength for a strong breakout above the high.

👉 The most suitable approach at this stage is:

avoid FOMO chasing prices

prioritize waiting for retests of support to find good long entry points

or wait for a confirmed breakout before entering trades

In summary:

> Staying above 76,500 = the uptrend continues
Losing 76,500 = entering a deeper correction phase

The market now is not about “guessing,” but about waiting for confirmation and then acting.
BTC-2.01%
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