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Bitcoin stalls again near $78,000; analyst says it is even good

Bitcoin slipped again near $78,000, reinforcing a short-term resistance level as markets watch for a possible reversal at the top of a rising parallel channel held for 75 days. Some analysts say it must hold $74,000 to $76,000 to maintain its structure, with lower supports flagged near $70,000 and $64,000 to $66,000. Short-term indicators show weakening momentum, while institutional buying by Strategy is seen as a key variable.