🟡 Bitcoin: bullish sentiment or weakness in the market? Analysis of the current phase

In the last 7 days, BTC has fallen by 10.3%, and in the last 24 hours — by another 4.7%, breaking $75,000 and recovering slightly above $76,130. Despite this, analyst Egrag Crypto remains calm: he claims that we are still within a bullish cycle.

📊 What the data says:

RSI at 35.71 — this is a zone of weakness, the market is under the control of sellers

Trading volume has decreased by 34.18%, indicating a decline in interest

The price cannot hold above the 20-day EMA ($82,190)

Technically: without breaking $90,000 with volume — the upward path is limited

📈 The analyst proposes 3 scenarios (based on Fibonacci levels):

Correction: BTC may rise to $97,000 — and here altcoins will start to 'revive'

New ATH: When rising to the 1.618 level — a price of $135,000 is possible

Cycle expansion: In case of an influx of liquidity — BTC may reach $177,000

📌 Conclusion: the market is on pause but not broken. Indicators warn of weakness, analysts — of long-term potential. As always in crypto, much depends on external triggers: liquidity, regulation, and crowd psychology.

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