$BTC saw around $58.5K in long liquidations at $76,921.70, signaling continued downside pressure as leveraged bullish positions were forced to close.
Key Levels
Current Trigger: $76,921.70
Support: $76,500
Major Support: $76,000
Resistance: $77,500
Next Target: $78,000
⚠️ $76,500 remains the key near-term support. Holding above it could stabilize the selloff, while a sustained break below $76,000 may trigger another wave of long liquidations. Reclaiming $77,500 would improve the short-term recovery outlook.
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