$BTC /USDT – Breakdown Underway! Can Bitcoin Hold the $77K Zone?
Bitcoin just slipped hard—falling over 6.8% to $77,672, down from its 24h high of $83,533. The leading crypto is now testing critical support near $77,150, and the pressure is building fast.
With over 35,000 BTC traded in 24 hours and $2.79B USDT volume, volatility is peaking and sentiment is shaky.
Technical Highlights:
SAR flipped bearish at $79,347
Consistent selling pressure across timeframes (1H: -2.83%, 4H: -6.19%)
Momentum favors sellers, with limited bounce attempts
Key Targets to Watch:
🎯 Target 1: $75,500
First support zone below current levels. Watch for short-term bounces.
🎯 Target 2: $72,800
Major horizontal support—break below could trigger stronger downside.
🎯 Target 3: $68,500
A deeper structure from previous consolidation. Strong support here if bears continue to dominate.
Recovery Watch:
BTC must reclaim $79,300+ to reverse short-term bearish bias. Until then, the trend remains under bear control.