Bitcoin has retraced its previous session's advance, dropping back below the $77,000 mark. The move wipes out gains accumulated in yesterday's trading and returns price to familiar contested territory.
With no fresh catalyst cited, the reversal points to thin follow-through buying rather than a structural breakdown. Traders will be watching whether the $77K level holds as support on any stabilisation attempt, or whether the retracement deepens into the broader range.
WatcherGuru