BTC's mid-term direction to be decided soon, next resistance at $81K

While Bitcoin has rebounded past $77,000, the market remains cautious about a full trend reversal, CoinDesk reported. Alex Kuptsikevich, an analyst at FxPro, noted that BTC has found support near its 50-day simple moving average (SMA) at $76,000 and that its mid-term direction will likely be decided in the coming days. He identified the next resistance level around $81,000, near the 200-day moving average. Meanwhile, Naeem Aslam, Chief Investment Officer at Zaye Capital Markets, said that while short-term pressures like spot ETF outflows and macroeconomic uncertainty persist, long-term factors such as regulatory clarity and institutional inflows support the market. Aslam also pointed to President Donald Trump's recent directive to review payment network access for fintech and crypto firms as a favorable signal.