Bitcoin is currently trading around a key supply zone near 76,400, where price has already shown signs of rejection after a strong bullish move. This area is acting as resistance, and short-term selling pressure can push the market down toward 74,200 or lower levels.
However, the overall trend remains bullish as price is still holding above the moving averages and structure is intact. A clean breakout and strong close above the supply zone could open the door for further upside momentum.
For now, this is a critical decision zone — either we see a deeper pullback for liquidity, or a continuation after consolidation.
Trade with confirmation and proper risk management.
Not financial advice.
However, the overall trend remains bullish as price is still holding above the moving averages and structure is intact. A clean breakout and strong close above the supply zone could open the door for further upside momentum.
For now, this is a critical decision zone — either we see a deeper pullback for liquidity, or a continuation after consolidation.
Trade with confirmation and proper risk management.
Not financial advice.
Luna Digital 📈
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Luna Digital 📈
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Trader & Market Analyst
This analysis is for educational purposes only, not financial advice.
Trade responsibly.
Join telegram for more updates t.me/+9nUhVZiXl9M1OWZk
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.