Bitcoin holds $76,000 as $80.5k–$82k sell wall persists 24h

Bitcoin is holding above $76,000. A large sell wall at $80,500–$82,000 has remained active for over 24 hours.

CoinGlass shows evenly spaced orders near $3.3 million each. The wall has not moved. That pattern signals deliberate placement, not a brief spoof. Source.

Bids are building at $76,800 and across $75,000–$76,000. Demand below, supply above. The market is compressed from both sides.

The sell zone is being actively maintained. Orders removed are replaced at similar size and levels. The intent is to keep visible supply in that band. CoinGlass analysis. Context on persistent selling pressure here.

Price trades near $77,500. The $74,000–$75,000 zone was reclaimed and now acts as support. Since early April, structure shows higher highs and higher lows.

February’s drop toward $62,000 ended on a volume spike. Volume cooled after, while price ground higher.

The $78,000–$80,000 area is near prior breakdowns. The 100-day moving average is flattening overhead. The 200-day sits lower around $74,000.

Momentum is positive but slowing. Recent candles are smaller, with wicks on both sides.

If price consolidates above $74,000, a test toward $82,000 is supported. Losing $74,000 risks a move back into the prior range.

• Sell wall at $80,500–$82,000 with ~$3.3m spacing source
• Bids cluster at $75,000–$76,800
• Support at $74,000–$75,000
• 100-day MA flattening overhead
• 200-day near $74,000
• Compression suggests a decisive break when one side yields