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Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem Token Bitcoin Falls Below $78,000 as Analysis Eyes a New Bear Trap Bitcoin ($BTC

Grab Your Share of the 300 USDT Prize Pool!

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Bitcoin Falls Below $78,000 as Analysis Eyes a New Bear Trap

Bitcoin ($BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains.Bitcoin falls below $78,000 for the first time since the start of May.Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds for risk assets.Support weakness has traders looking at $75,000 and under next, while optimists see a "bear trap" formingData from TradingView confirmed new lows of $77,614 on the day — the lowest levels since May 1.





Bitcoin Falls Below $78,000 as Analysis Eyes a New

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DYDX chatter is optimistic but low-engagement, praising its DeFi derivatives infrastructure despite some bearish short-term talk. On May 11, dYdX Treasury SubDAO posted its April update; on May 3, gov

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$AUCTION TIGHT RANGE ACCUMULATION NEAR SUPPORT — NEXT BREAKOUT MOVE EXPECTED 🚀 Trade Setup: Long Entry Zone: $4.75 - $4.80 Tp1: $4.86 Tp2: $4.92 Tp3: $5.05 SL: $4.68 {future}(AUCTIONUSDT) AUCTION is c

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Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitEverything Can Be Huobao Bitcoin Price Analysis: What Does the Rejection at $80K Mean for BTC’s Future? Bitc

Bitcoin Price Analysis: What Does the Rejection at $80K Mean for BTC’s Future?

Bitcoin’s recent recovery attempt appears to be losing momentum as the market once again received notable rejection below the $80K mark. The repeated inability to sustain gains above key thresholds suggests sellers remain dominant, increasing the likelihood of another corrective phase in the short term.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, $BTC recently experienced a slight bullish pullback following its rebound from the $78K support zone. However, this recovery rally was ultimately rejected around the critical $80K resistance region, which also aligns with the descending 200-day moving average near the $82K mark. The confluence of these resistance levels reinforces their significance and highlights persistent bearish sentiment across the market.

The rejection from this area suggests buyers are still unable to reclaim higher ground, while sellers continue defending overhead supply aggressively. As long as Bitcoin remains capped below the $80K-$82K region, the probability of an expanded bearish retracement remains elevated. In this scenario, the first major downside target would be the highlighted demand zone around $75K-$76K. A deeper correction could eventually expose lower support levels.



Bitcoin Price Analysis: What Does the Rejection at

$CHR {future}(CHRUSDT) : The pullback we needed. I am looking at a short position as price retests the broken support, which is now acting as a fresh supply block. Institutional shorts are heavily pro

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