Bitcoin at Critical Juncture as $76,350 Price Level Holds Market's Fate
Bitcoin has reached a critical point after delivering a 24.9% gain in August and regaining ground towards $78,000.
The cryptocurrency tested the $76,350 True Market Mean on September 3 before buyers pushed the price higher.
This level now separates a market still holding its recovery structure from one facing another deeper correction.
Around 880,000 BTC sit between $77,500 and $80,300, creating a major supply zone that could restrict any immediate breakout.