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Based on the 1-hour BTCUSDT chart, Bitcoin is currently showing a strong bullish structure after rebounding from the previous low area near 59,850. The price has continued to create higher highs and higher lows, which indicates that buyers are still controlling the market momentum. However, the price is now approaching a critical resistance zone around 78,000–80,000, where selling pressure could appear again.
The green support zone near 76,518 is very important. If Bitcoin holds above this level, there is still a strong possibility for another upward move toward the next resistance area. On the other hand, if the price breaks below the green zone with strong volume, Bitcoin could experience a deeper correction and move lower before continuing its trend. Traders should watch price reactions carefully because volatility remains high and both breakout and pullback scenarios are still possible.