Bitcoin (BTC) currently trades at $78,370, marking a 1.59% 24-hour price gain for the world’s largest cryptocurrency by market capitalization. Today’s session saw price trade within a defined daily range of $76,803 to $79,937, with intraday dips finding solid support near the lower bound that kept upward momentum intact through the session. Market analytics models point to a bullish short-term outlook for Bitcoin with high 80% confidence, confirming that bulls retain control of current price action. Traders are now watching the $80,000 psychological resistance level as the next key upside target, with immediate support anchored at today’s intraday low of $76,803.
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