BTC is trading below EMA(7), EMA(25), and EMA(99), which suggests a bearish trend in the short to mid-term.
Bearish Scenario: If BTC breaks below $78,258, it could test lower levels like $77,000 or even $75,000.
Bullish Scenario: If it rebounds above $81,865, it could attempt a move toward $86,500 again.
Short-term Trend: More downside risk unless BTC finds strong buying support.