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BTCUSD Movement Today: Sellers Defend Bitcoin Below 77K Again

BTCUSD Movement Today: Sellers Defend Bitcoin Below 77K Again

BTCUSD | Technical Outlook

Market Structure – BTCUSD Movement Today

BTCUSD Movement Today remains under short-term bearish pressure after Bitcoin failed to maintain stability above the $77,200 – $77,600 resistance zone. Price recently resumed its downside movement from the latest recovery highs and declined toward the $76,600 support area, where the market is currently attempting to stabilize following renewed selling momentum.

The broader H4 and Daily structure still reflects medium-term consolidation after Bitcoin previously lost momentum below major resistance levels earlier this month. Meanwhile, lower timeframe momentum across H1 and M15 continues leaning bearish, with moving averages turning lower and consecutive lower highs confirming increasing seller control in the near term.

Key Resistance Zone

Immediate resistance is located at $77,200 – $77,800, supported by:

  • Recent intraday swing highs
  • H1/H4 moving average resistance
  • Short-term supply structure

A confirmed breakout above this zone could trigger:

  • $78,800
  • $80,000 (major bullish continuation target)

As long as price remains below resistance, recovery attempts may continue facing selling pressure.

Key Support Zone

Immediate support is seen at $76,600 – $76,000, which aligns with:

  • Recent intraday lows
  • Short-term demand zone
  • Psychological support structure

A breakdown below this level would expose:

  • $75,000
  • $73,500 (major bearish continuation target)

Holding above support remains critical to avoid accelerating downside momentum.

Expectations – BTCUSD Movement Today

Bearish Scenario (Primary)

If price remains below $77,800, sellers may continue controlling short-term momentum.

A breakdown below $76,000 could lead to:

  • A decline toward $75,000
  • Extension toward $73,500

Current lower timeframe momentum continues favoring bearish continuation pressure.

Bullish Scenario (Alternative)

If buyers regain control above resistance, recovery momentum may strengthen.

This could trigger:

  • A rebound toward $78,800
  • Further upside toward $80,000

A sustained breakout above resistance would weaken the current bearish outlook.

Outlook – BTCUSD Movement Today

BTCUSD Movement Today currently reflects renewed short-term bearish pressure while price continues trading below the $77,800 resistance zone. Although the broader Daily structure still reflects medium-term consolidation, lower timeframe weakness continues supporting sellers in the near term.

A confirmed breakdown below $76,000 would strengthen bearish momentum toward lower downside targets, while recovery above $77,800 could temporarily shift sentiment back toward bullish continuation pressure.