Bitcoin has rebounded from the $60K area and is currently trading around $78.5K, above major moving averages. Key resistance stands at $82K; a daily close above this level would confirm a bullish continuation with a potential target at $95.6K. The daily RSI climbed from oversold territory in June but has started turning lower, signaling that momentum is cooling. The 30-day exchange whale ratio has risen sharply, suggesting increased activity from large holders sending BTC to exchanges, which could create selling pressure. The $72K support level must hold to keep the recovery structure intact.
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