Bitcoin's highest rebound reached 77,887, just 200 dollars short of the 78,100 resistance, which means that this 200-dollar gap might be the last straw that breaks Bitcoin's back.

Since it reached the resistance level and couldn't break through, a pullback is expected; the pullback broke the support at 77,287, which has changed from being a support to now acting as resistance.
Currently, it is retesting this yellow bullish trend line.
As long as the pullback does not break below this yellow bullish trend line, it can be considered a normal correction.
Once it breaks below this yellow bullish trend line, the M-head pattern on the hourly chart will be confirmed, with the neckline at 76,000.
Breaking below 76,000 on the hourly chart confirms the M-head pattern.
The bullish consolidation zone marked by the red box will be broken, and the price will continue to test the support in the 74,702-74,203 range.
When the price breaks below this support zone, only then can the decline be extended. #股票交易挑战最高赢17000U