$BTC Morning Market Update |
$BTC /USDT
$Bitcoin is trading around $77,316 on the 1D chart after bouncing from the recent low near $76,046.
📊 What I’m watching this morning:
🔹 Support: $76,000–$76,100
🔹 Resistance: $79,300–$79,900
🔹 MA(7): ~$78,190
🔹 MA(25): ~$77,901
BTC is currently trading below both the 7-day and 25-day moving averages, so I’d like to see stronger confirmation before becoming bullish.
🔥 Key Scenarios
Bullish: A daily close back above $78,000–$78,200 could improve momentum and bring the $79,300–$79,900 zone into focus.
Bearish: If BTC loses the $76,000 support area, selling pressure could increase and the market may need further consolidation.
For now, I’m watching the reaction around $76K support and $78K–$79K resistance rather than chasing the move. 👀
⚠️ Not financial advice. Personal market analysis and learning journey only.
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