BTC Price Analysis: Bitcoin Rebounds From $76K but Crucial Resistance Remains Above $80K

BTC

BTC/USDT

$79,624.01

-2.03%

$79,624.01

-2.03%

(24s)

24h Volume

$17,039,990,035.07

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.3%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

CryptoPotato Editorial

(02:17 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

Bitcoin is holding above $78K after a sharp recovery from the $60K area, but the latest price action suggests that buyers have yet to secure a decisive breakout above the upper resistance levels. At the same time, the exchange whale ratio has risen significantly, adding a potentially bearish supply-side signal to the otherwise constructive technical structure.