Bitcoin Price Tests $77K as Bullish Reversal Signals Build

H1 Bitcoin Recovery Hinges on Seller Friction at $77K

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Bitcoin Price Tests $77K as Bullish Reversal Signals Build

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Bitcoin tests $77,000 as on-chain momentum turns positive. A move above $80,000 could confirm a recovery, while failure risks a pullback toward $74,000.

Bitcoin (BTC) sellers returned on the first day of September, pulling BTC price as low as $76,300 on Tuesday.

Analysts said that Bitcoin showed signs of a bear market reversal, but they were watching key resistance levels that the pioneer cryptocurrency must break to confirm a trend change.

Bitcoin Holder Profits Increase

Bitcoin’s recent price recovery brought it 39% from its $126,000 all-time high, reached in October 2025.

This rally has pushed its Net Unrealized Profit/Loss (NUPL), the difference between total profits and losses currently held by investors, above 0.30, placing it in the “optimism zone,” according to data from CryptoQuant.

Coupled with the crypto fear and greed index in the “greed zone” at 63, which means investor sentiment is moderately bullish and buyers are returning to the market.

A NUPL recovery above 0.33 into the Optimism zone has historically aligned with strengthening price momentum.”