Bitcoin faces critical support at $76K and resistance at $82K. Bearish indicators mirror March 2022, suggesting a potential downtrend if 200-day MA is not reclaimed.
The US dollar trades near a six-week high, pressuring Bitcoin and altcoins as ETF inflows slow and bear market signals intensify.
Bitcoin's current rally faces the same 200-day MA rejection as March 2022, with demand contracting and ETFs turning sellers. Is a downtrend looming?
Over 10,000 BTC moved to exchanges at a loss by short-term holders, echoing a pattern that preceded a 15% drop. 7.8M BTC underwater.