Bitcoin attempts recovery above $76,800 as $78,300 and $79,000 cap gains

Bitcoin rebounded from the $76,000 area and moved above $76,800, trading above $77,200 while holding the 100-hour simple moving average. The BTC/USD pair also broke a bearish trend line near $77,200, and further upside may depend on clearing resistance at $78,300 and then $79,000. If the move stalls below $79,000, support levels to watch include $77,200, $76,500, and $76,000, with deeper levels cited at $75,000 and $73,500.