Bitcoin dropped to its expected low and is now bouncing, which is mildly good news short term but still points to a couple of quiet weeks ahead.

• Bitcoin fell to just above 76K, clearing out the sell pressure that had been building there, and is now holding as support.
• The short-term selling signal has reset, so a small bounce toward 80K looks likely over the next few days.
• Longer-term signals still look bullish, echoing the setup seen at the end of the 2022 crypto bear market.
• Ethereum keeps poking at resistance without breaking through yet, while Solana and Chainlink are cooling off after running too hot.
• Bitcoin's share of the market is slipping, which usually gives the bigger altcoins a bit of room to outperform.

Outlook: Expect a modest bounce over the next few days, then range-bound, choppy trading for one to two weeks before the larger uptrend can resume.

## Bitcoin Levels

• **Bias:** Neutral short term, bullish longer term.
• **Buy / accumulate:** $76,000–$76,500 support zone; earlier accumulation call was near $60,000.
• **Sell / take profit:** Into upside liquidity just under $80,000 and at $80,600.
• **Support:** $76,000–$76,500 (major); $75,800–$75,900 minor liquidity below.
• **Resistance:** $80,000–$82,000.
• **Targets:** $80,000 then $80,600 in the next few days.
• **Invalidation:** Daily closes back below $76,000 break the support thesis.