Bitcoin tests $76,000 support, with a possible pullback to $71,000
- —Support (neckline) at $76,000–76,300, with a breakdown target of $70,900–71,000
- —4-hour RSI near 54.5 — neutral zone
- —Perpetual futures demand was positive in September, while spot demand was negative
- —CryptoQuant: a break above $81,700 is needed to confirm a bull market
Why it matters: Holding $76,000 will determine the short-term trend: a breakdown risks a drop to $71,000, while a return above $80,000 would cancel the bearish scenario.
Source: TokenPost