Bitcoin is consolidating within the $75,000–$78,000 support cluster, where a potential three-drive reversal pattern may be taking shape. Price is trying to stabilise after a strong bearish expansion wiped out major structural levels.
Although downward momentum remains dominant, this region is historically significant for Bitcoin. The emerging three-drive structure, combined with early signs of compression, suggests the market may be preparing for a potential shift in direction.
Key Points
- Bitcoin stabilising inside the $75K–$78K support cluster
- Early signs of a potential three-drive reversal structure
- Market showing initial compression after extended downside
What to Expect
If Bitcoin completes the third drive and reclaims the $78K zone with momentum, a stronger recovery may form. Failure to hold this support could lead to deeper downside continuation.
Although downward momentum remains dominant, this region is historically significant for Bitcoin. The emerging three-drive structure, combined with early signs of compression, suggests the market may be preparing for a potential shift in direction.
Key Points
- Bitcoin stabilising inside the $75K–$78K support cluster
- Early signs of a potential three-drive reversal structure
- Market showing initial compression after extended downside
What to Expect
If Bitcoin completes the third drive and reclaims the $78K zone with momentum, a stronger recovery may form. Failure to hold this support could lead to deeper downside continuation.
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
