BTC at a Crossroads: Resistance Builds as Bulls Lose Momentum
Bitcoin has broken below the 77.3K–77.4K support zone, which has now flipped into short-term resistance. The current price is hovering around 77.5K, with bulls struggling to push back above this level.
If BTC continues to fail at reclaiming resistance, a retest of the recent low near 74.7K seems increasingly likely.
📌 Strategy Outlook
I'm managing existing positions with caution.
New long positions will only be considered under the following scenarios:
1. A decisive move above 78.8K,
2. Or a deeper correction toward 74.8K.
For now, the price remains trapped in a mid-range consolidation zone, offering a poor risk/reward profile for fresh entries.
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