$BTC Bitcoin is holding around $78,200, showing sideways action after recent dips.
Key support: $76K | Resistance: $83.5K
On-chain data shows whale accumulation & declining exchange reserves – bullish signs long term.
What’s moving the market?
Hawkish Fed remarks
Slowing ETF inflows
High correlation with tech stocks
Cautious retail, strong institutions
Outlook:
Break above $83.5K = rally toward $88K
Drop below $76K = possible correction to $70K