Technical Levels to Watch
📉 Support Levels
$77,000 – $79,000: Immediate support zone — breaking below could lead to deeper corrections according to some traders. �
200-Week SMA (~$60k+): Often viewed historically as a long-term bearish bottom. �
Lower Targets (~$40k-$50k in extreme cases): Some models project deeper bear outcomes if the cycle continues. �
📈 Resistance Levels
$85,000 – $95,000: Important price cluster and prior support turned resistance. �
Analytics Insight
Above $95,000 would be a bullish breakout signal.
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