Bitcoin
BITCOIN IS BOUNCING, BUT ARE THE BULLS REALLY BACK? bitcoin
BITCOIN IS BOUNCING, BUT ARE THE BULLS REALLY BACK? bitcoin:native is hovering around $78,350 after buyers stepped in to defend the $76,400 support zone twice. That's encouraging, but there's still a major hurdle ahead. The 4H structure remains bearish, and Bitcoin hasn't reclaimed the level that could change the short-term outlook. Here's what matters next: $76,400 – The line bulls cannot afford to lose. A breakdown could bring the recent lows back into play and expose BTC to another leg down. $79,500 – The first real test. This was previous support, but it's now acting as resistance. Bulls need a...
KuCoin1 min read
