BTC



Bullish momentum seems to be fading.

After a strong breakout above $79k, price retested the highs and we saw a decent bounce.

However, buyers weren’t able to sweep the local high, meaning that if BTC fails to move higher soon we’ll likely print a lower high.

For now though, price is still holding above the key support level at $79k, which remains the main area for buyers to defend.

Bullish structure only gets invalidated if we lose $78.6k, but as long as that’s not the case another push towards $84k is definitely still possible.$BTC
BTC-1.36%
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