Nakama1312

Bitcoin Stalls, the $80,000 Area Still Feels Heavy
Bitcoin is currently around $77.700 – $78.200, after briefly reaching a higher level.

From the latest chart, the price has managed to rise above the EMA 20, 50, and 100, but it is still being held below the EMA 200 at around $82.500.
This suggests that the short-term trend is starting to recover, but the bigger trend has not turned fully bullish yet.
As long as BTC can hold above the $75.000 area, the upward structure remains intact.
However, for Bitcoin to continue the rally, it must break through the strong resistance at $80.000 – $82.50