Update
Bitcoin Technical Analysis: Bullish Checkmate Setup Near $76K
Bitcoin is trading at $75,865, down 0.41% on the day, inside a tight range between $75,645 and $75,979. Analysts see a potential bullish checkmate setup, with short-term indicators showing a buy signal and strong buy with seven buy signals against one sell. The price has stopped making new lows, suggesting sellers are running out of steam, and a sharp move to the upside is possible if buyers step in.