BTC Rejection at 76.7K – Correction Phase Starting?Bitcoin / U.S. dollarBITSTAMP:BTCUSDLunadigitalBitcoin (BTC/USD) is currently trading near a critical resistance zone after a strong bullish move. Price recently faced rejection around the 76,700 level, which is acting as a strong resistance area. This rejection suggests that buyers are losing momentum in the short term while sellers are stepping in. The current structure indicates a possible pullback scenario. If Bitcoin fails to break and hold above this resistance, we could see a downward move toward the 71,250 strong support area, which aligns with previous demand and structural support. Additionally, the rising trendline below price is a key factor to watch. A breakdown below both the trendline and the support zone could trigger a deeper correction in the market. On the other hand, if buyers regain strength and successfully break above 76,700, the market could continue its bullish trend and target higher levels. 📌 Key Levels to Watch: * Resistance: 76,700 * Current Price Zone: ~75,500 * Strong Support: 71,250 * Trendline Support: Dynamic rising support Traders should stay patient and wait for confirmation, as the market is currently at a decision point where volatility can increase. ⚠️ Not Financial Advice