Bitcoin Price Gets Squeezed Below $78K as Bulls Defend the Floor

Bitcoin briefly slipped below $78,000 before bulls stepped in to defend the near-term support, limiting further losses. Defensive buying stabilized prices around the mid-to-high $70k area and kept the short-term bullish structure intact. The implication is that sustained defense of this floor preserves the path for renewed upside, but a confirmed break below it would likely accelerate downside pressure for Bitcoin.