#CryptoMarketWatch Bitcoin is trading in a weakened position near $78,000–$79,000 USD, reflecting a notable decline from recent highs. This move highlights growing caution across the market, with BTC facing sustained selling pressure amid broader uncertainty and reduced risk appetite.
Price Structure Shows Lower Highs and Lower Lows
Bitcoin’s price action is forming a clear bearish structure, characterized by consecutive lower highs and lower lows on the daily timeframe. This pattern confirms seller dominance, as recovery attempts have repeatedly failed to break above key resistance zones.
Mo