Bitcoin climbed back over $77,000 on Wednesday as traders weighed technical support levels against ongoing macroeconomic pressures. The move followed a five-day losing streak and lifted some altcoins alongside major crypto indexes. Analysts highlighted key resistance near $82,500 and stressed the need for renewed ETF inflows to sustain gains.
Bitcoin traded near $77,400 after rising 0.7 percent from midnight UTC. The largest cryptocurrency had slipped from above $80,000 earlier in the week amid broader market weakness and a selloff in U.S. Treasuries. It now sits between its rising 50-day moving average near $76,000 and a falling 200-day moving average around $82,500, narrowing the range for a potential decisive move in coming days.
