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#BTC大跌
Bitcoin is approaching an important decision zone, and the next move could determine its short-term direction.

BTC is trading around $77,310, still struggling to regain the resistance levels that could restore bullish momentum. The recent price structure shows that buyers are attempting to stabilize the market, but the recovery is not convincing enough to confirm a trend reversal. Bitcoin remains below its 50-day moving average, while the RSI near 34 reflects weak momentum and growing selling pressure.

For bulls, the first major challenge is the $78,500–$78,600 resistance area. A convincing breakout with strong volume could open the way towards $79,250 and $79,650. If buyers manage to reclaim these levels, a broader recovery towards $81,000–$81,900 becomes possible.

However, the downside cannot be ignored. The $76,600 area is the immediate support to watch. Losing this level could expose BTC to $76,200, followed by $75,800. If selling pressure accelerates, $74,800 becomes an important downside target.

My approach is to remain patient rather than chase short-term price movements. A breakout without volume confirmation could turn into a liquidity trap, while a support breakdown could trigger another wave of liquidations. I want to see how Bitcoin reacts around these key levels before taking a directional position.

The market is at a critical point. A confirmed reclaim of resistance could bring buyers back, but losing support would strengthen the bearish case. Capital protection and disciplined execution matter more than predicting every candle.

$BTC
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ThreeCrowsWatcher
34 minutes ago
This test of the support level is pretty critical. If it falls below 76600, I’ll have to reduce my position
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IndicatorOverboughtHandler
an hour ago
Price breakouts without volume backing are meaningless; patiently wait for confirmation
0View Original
LightningAirdrop
an hour ago
Waiting for a clear directional move backed by volume; making moves now risks getting hit from both sides
0View Original
MrFlower_XingChen
2 hours ago
Author
Happy Halloween 🎃
0
AlgorithmFollower
2 hours ago
Both bulls and bears are hesitant at this level. I’ll stay on the sidelines—protecting my principal comes first
0View Original
EveningStarSentry
2 hours ago
Bulls seem to be barely holding on, but selling pressure has yet to fully play out
0View Original
TADoctor
2 hours ago
If it falls below 75,800, bears may target further downside
0View Original
AirdropMiner
2 hours ago
Many people got trapped around 79,850 before, so it won’t be easy to break through
0View Original
M2Walker
2 hours ago
First Review
The key range has been provided; execution discipline matters more than guessing the direction
0View Original
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