$BTC
— THE MONTHLY CLOSE IS THE KEY HERE
Bitcoin is sitting right around the $76.3K–$77.6K zone, and the monthly candle could decide the next major move.
If BTC closes below $76,305, it would strengthen the bearish case and suggest this rally was mainly a retest of the previous swing-high area. In that scenario, September could bring serious selling pressure and a move toward new lows.
But if BTC manages to close and hold above $76,305, bulls still have a chance to push higher first. The next area I’m watching is around $80K–$80.5K.
⚠️ Key level: $76,305
Below it → bearish continuation risk
Above it → recovery toward $80K+ possible
The monthly close will tell us a lot. Don’t get trapped on the wrong side. DYOR & manage risk. #BTC #Bitcoin #crypto #trading
— THE MONTHLY CLOSE IS THE KEY HERE
Bitcoin is sitting right around the $76.3K–$77.6K zone, and the monthly candle could decide the next major move.
If BTC closes below $76,305, it would strengthen the bearish case and suggest this rally was mainly a retest of the previous swing-high area. In that scenario, September could bring serious selling pressure and a move toward new lows.
But if BTC manages to close and hold above $76,305, bulls still have a chance to push higher first. The next area I’m watching is around $80K–$80.5K.
⚠️ Key level: $76,305
Below it → bearish continuation risk
Above it → recovery toward $80K+ possible
The monthly close will tell us a lot. Don’t get trapped on the wrong side. DYOR & manage risk. #BTC #Bitcoin #crypto #trading