BITCOIN IS BOUNCING, BUT ARE THE BULLS REALLY BACK? bitcoin:native is hovering around $78,350 after buyers stepped in to defend the $76,400 support zone twice. That's encouraging, but there's still a major hurdle ahead. The 4H structure remains bearish, and Bitcoin hasn't reclaimed the level that could change the short-term outlook. Here's what matters next: $76,400 – The line bulls cannot afford to lose. A breakdown could bring the recent lows back into play and expose BTC to another leg down. $79,500 – The first real test. This was previous support, but it's now acting as resistance. Bulls need a convincing 4H close above it to show that selling pressure is fading. $83,500 – The next major obstacle. $87,000 – The bigger upside target if momentum returns. For now, this looks more like a relief bounce than a confirmed trend reversal. The real battle is at $79,500. Can buyers reclaim it and turn resistance back into support, or is this just another lower high before the next move down? Keep your eyes on the levels. The next 4H closes could tell a much bigger story.