# Bitcoin Rejection at 77,400 Favors Support

> Bitcoin rejected 77,400 resistance, moving toward support zone.
- Title: Bitcoin Rejection at 77,400 Favors Support · TradingView
- Summary: Bitcoin rejected 77,400 resistance, moving toward support zone. Bitcoin broke below 77,400 resistance but held above 74,400 support as traders anticipated a…
- Keywords: binance, btcusdt, support, resistance, tradingview, breakout, channel, business, finance, Bitcoin, Rejection, 400
- Source: TradingView — https://tradingview.com/chart/BTCUSDT/0iQCj3lX-BTCUSDT-Rejection-at-77-400-Resistance-Favors-a-Move-To-Support
- Published: 2026-09-20T11:01:14+00:00
- Read time: 1 min
- Topics: binance, btcusdt, support, resistance, tradingview, breakout, channel, business, finance
## Current BTCUSDT Setup
Bitcoin traded inside a range before breaking higher and shifting bullish, then entered a downward channel.
## Resistance Rejection
Price rejected 77,400 resistance and moved back below the resistance zone while holding above 74,400 support.
## Bearish Scenario
If BTCUSDT stays below 77,400 resistance and respects the downward channel, sellers may push price toward 74,400 support.
## Price Action Update
Price gradually rose to retest 77,400 resistance as traders watched for buyer reaction.
## Scenario Invalidated
Bitcoin broke out of the descending channel, invalidating the bearish scenario and changing the trend.
## Key takeaway

Bitcoin broke below 77,400 resistance but held above 74,400 support as traders anticipated a potential move lower.