Bitcoin Rebounds to $77,000 Amid Cautious Market Sentiment
- Market Rebound: Bitcoin's price rebounded to $77,000 following the U.S.-Iran peace deal, recovering from a low of $74,000 on Friday, indicating market responsiveness to macroeconomic improvements, although ETF outflows exceeding $1.55 billion suggest a lack of institutional confidence.
- Weak Demand Signals: Bitcoin's Apparent Demand fell to -147,000 BTC, the lowest since December 2025, indicating that despite price stabilization, spot buying pressure is weakening, which could impact future price movements.
- ETF Outflow Trend: U.S. spot Bitcoin ETFs recorded six consecutive days of net outflows totaling over $1.55 billion, reflecting institutional retreat, a trend that may undermine the bull narrative, although historical data shows that significant outflows often precede rebounds.
- Key Support Levels: Analysts note that Bitcoin must hold above $76,000 to prevent broader market sell-offs, while $78,500 is the critical resistance level to confirm renewed momentum, with the current price still 39% below the all-time high of $126,080 set in October 2025.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC). As of , Bitcoin (BTC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 70326.667 | 72308.133 | 74637.057 | 76618.523 | 78947.447 | 80928.913 | 83257.837 |
| Fibonacci | 72308.133 | 73954.702 | 74971.954 | 76618.523 | 78265.092 | 79282.344 | 80928.913 |
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