Bitcoin Price Prediction: BTC Struggles Near CME Gap
Bitcoin Bitcoin Price Prediction: BTC Struggles Near CME Gap Bitcoin is trading near a key short-term zone as analysts track both wave support and CME gap levels. The charts show BTC stuck below stronger resistance, while $76,527 remains the main level that could decide whether the current recovery setup survives. Bitcoin Price Faces Key $76,527 Support as BTC Tests Short Term Wave Setup Bitcoin is trying to hold support near the $79,000 area, but the chart shared by More Crypto Online shows that BTC may still face more downside before a clear wave (2) bottom forms. The BTCUSD 15-minute chart places Bitcoin around $79,052. Price has already moved below the nearby support zone after failing to hold the upper range near $82,000. This weakness keeps the short-term structure under pressure. Bitcoin Short Term Wave Setup. Source: More Crypto Online said he is “not confident” that wave (2) has bottomed yet. As a result, the blue scenario on the chart still points to possible further downside in the coming sessions. The most important level is $76,527. This level marks the 78.6% Fibonacci retracement and acts as key support for the 1-2 setup to the upside. If BTC holds above this zone, the bullish wave count can remain active. However, a