Bitcoin (BTC) trades at $76,975 at press time, posting a marginal 0.25% 24-hour gain that leaves the top cryptocurrency stuck in a tight intraday trading range between $75,436 and $78,515. The tiny uptick has not shaken growing bearish conviction among market analysts, who currently hold an 80% confidence rating for a near-term downward price correction. Upside attempts have consistently hit resistance around the upper end of the current range, while support has held firm just above $75,000 to avoid a sharper pullback so far. A break below the $75,436 support floor would confirm the bearish forecast, while a close above $78,515 would invalidate the downward call and open the door for fresh upside.
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