Bitcoin AnalysisBitcoin / U.S. dollarBITSTAMP:BTCUSDDeaiVauphaiBitcoin has been moving weakly with frequent swings lately, and the overall market trend still favors the downside. The price is currently hovering right above the key support level of 76500, which is still functioning well to hold short-term dips. The nearest major resistance is at 78000, and the next strong resistance mark is around 80000. Market participants remain quite cautious for now. Restrained macro liquidity greatly weakens upward rally power. Meanwhile, plenty of high-leverage positions are yet to be fully settled, which keeps bringing obvious volatility risks to the market. Looking ahead, BTC will mostly trade within a narrow range in the short run. A confirmed drop below 76500 will unlock further downward potential. If bulls manage to push price firmly above 78000, a reasonable rebound trend will emerge. - Buy: 77000–77500 - TP: 78000 - 78500 - 79000