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Btcusdt technical analysis.

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The chart shows the Bitcoin (BTC) price against the US Dollar (USDT) on the BITSTAMP exchange with a 1-hour timeframe. The price is currently at $78,567, down 2.65%.

Key observations:

A support level (marked in pink) around $78,000 has been tested.

A bearish projection (blue arrow) suggests a potential breakdown below this level, possibly targeting $72,000.

Recent price action shows lower highs, indicating selling pressure.

Multiple red news event icons suggest upcoming macroeconomic factors that may influence BTC’s movement.


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