#XSuperApp Bitcoin (BTC) is trading at $77,521, down 1.86% in the last 24 hours. After a strong rejection from the $83,500 zone earlier this week, BTC plunged to a 24-hour low of $74,620. However, today’s price action hints at a potential short-term recovery.

On the 1-hour chart, we see a bounce forming off the $74,500 support, with increasing volume and a bullish flip of the Parabolic SAR dots now below the price candles. This is often interpreted as an early signal of upward momentum.