Bitcoin (BTC) is struggling to reclaim ground above $76,800, with heavy overhead supply turning recent rebound attempts into short-lived rallies. Market data suggests the trading “center of gravity” has shifted lower after a sharp drop, signaling a classic post-surge ‘re-alignment’ phase in which price consolidates around a newly formed equilibrium rather than immediately resuming an uptrend.
Over the past 24 hours, BTC pushed back into the upper $77,000s before sellers defended a dense supply zone and forced a renewed sell-off. The decline accelerated toward the low $75,000s, after which… Read more
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