$BTC /USDT – 1H Chart Analysis



Price is at **$79,027**, down -2.20% in the last 24 hours. We're now below $79k, which is a psychological level.

Looking at the 1H chart, price is trading below all three EMAs:
EMA5 at $79,071, EMA10 at $79,146, and EMA30 at $79,617. That's a bearish structure. Clear and simple.

Resistance is at $79,071–$79,146 (EMAs), then $80,156**.
**Support** sits at **$78,650 (24H low), then $78,348.

RSI(6) at 31.4 is getting close to oversold. RSI12 at 35.5 and RSI24 at 40.6 show momentum is weak across the board.

Volume is decent – $519M.

What I think:
BTC is in a steady downtrend. The rejection from $81k is now turning into a proper sell-off.
RSI(6) at 31 tells me we could see a small bounce soon – maybe to $79,100–$79,200. But unless price reclaims $79,600, any bounce is just a pause before more downside.
If $78,650 breaks, next stop is **$78,348**. That would be a new low for this move.

Verdict: Bearish. Watching for a possible short-term bounce, but trend remains down.
#CLARITYActPassesSenateCommittee
BTC-3.06%
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