Bitcoin pullback likely to continue
Bitcoin is still cooling off after a strong run, which is short-term bad for buyers chasing highs but seen as a healthy reset inside a bigger uptrend.
- Bitcoin is stuck in a sideways range, running into resistance near the low $80,000s.
- Daily and 3-day momentum readings got very stretched, so a slight pullback or choppy trading is expected for a few more days — not a crash.
- Weekly charts still show a long-term bullish setup, the same signal that appeared at the end of the 2022 bear market.
- Ethereum, XRP, Solana and Chainlink are all doing the same thing: holding key support while cooling off alongside Bitcoin.
- Bitcoin dominance is still range-bound, so the whole crypto market is moving together rather than favoring alt coins.
Outlook: A dip toward the mid-$70,000s to clear out downside bets looks likely first, with a push back up possible within a week or so.
## Bitcoin Levels
- **Bias:** Bearish short term, bullish longer term
- **Support:** ~$76,000 (liquidity cluster)
- **Resistance:** $80,000–$82,000
- **Targets:** ~$75.9K–$76K to the downside first, then $79.3K–$79.6K on a bounce