Bitcoin is taking a breather after running into resistance, which is mildly negative short term but still fits a bigger bullish trend.

• Bitcoin is stalling below resistance after getting overheated, so a small pullback or sideways drift is likely over the next week or two.
• Most of the pending liquidations now sit below the current price, and price often gets pulled toward those pockets.
• Longer-term signals on the weekly chart have flipped bullish, echoing the setup seen at the end of the 2022 bear market.
• Bitcoin's share of the crypto market is slipping, which usually means altcoins hold up better than Bitcoin.
• Ethereum is pressing against resistance and looks close to a breakout, while Chainlink has turned old resistance into support.

Outlook: Expect choppy, slightly weaker crypto prices for a few more days before the larger uptrend has room to resume.

## Bitcoin Levels

• **Bias:** Bullish longer term, cooling off short term
• **Buy / accumulate:** $73,000-$75,000 (strong support if reached); liquidity pocket $76,000-$77,300
• **Support:** $77.3K, $76.7-76.8K, heavy at $76.1K, then $73,000-$75,000
• **Resistance:** $80,000-$82,000; liquidity above at $80.7K and $82.3-82.4K
• **Targets:** Downside magnet $76K-$77K near term; upside break above $82,000 needed to resume the rally