BTC Price Analysis: Key Support Levels to Watch as Bitcoin Enters a Crucial Week

23 hours ago 4



Bitcoin’s recovery toward $81K has been sharply rejected, sending the price back to the lower edge of its daily demand zone. With Bitcoin consolidating near $75.9K, buyers face another important test while futures activity shows signs of heating up. Bitcoin Price Analysis: The Daily Chart The daily chart shows Bitcoin remaining below the ascending channel’s midpoint after an unsuccessful attempt to reclaim it. The latest rebound toward $81K ended with a strong bearish candle, reinforcing the sequence of lower highs that has developed since the September and October peaks. The asset is now hovering near the bottom of the $75K–$78K demand zone. Although this area has attracted buyers on several occasions, the latest reaction has been limited, with small candles forming following the aggressive selloff. This indicates temporary stabilization, but there is little evidence of a convincing reversal so far. A sustained daily close below $75K would weaken this demand zone and could extend the correction toward the ascending channel’s lower boundary, currently around $72K–$73K. Alternatively, buyers need to recover $78K to improve the immediate outlook. A subsequent reclaim of the $80K–$81K...

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