Bitcoin W PATTERN FORMATION ⁉️
Price is showing a possible W-shaped recovery pattern after bouncing from the $76,000–$76,500 support area.
Buyers are stepping in again, and momentum is recovering. If BTC continues holding this structure, we could see another push toward the next resistance levels.
My trading plan:
Safe entry: $77,500–$77,300
Stop-loss: $77,200
Targets: 77,800, 78,200, 78,800
I’m watching these levels closely.
One thing to remember: RSI is already elevated on the 1H chart, so don’t chase green candles. Wait for a good entry and manage your risk.
Let’s see if $BTC completes this pattern or not .
#BTC Price Analysis#
Price is showing a possible W-shaped recovery pattern after bouncing from the $76,000–$76,500 support area.
Buyers are stepping in again, and momentum is recovering. If BTC continues holding this structure, we could see another push toward the next resistance levels.
My trading plan:
Safe entry: $77,500–$77,300
Stop-loss: $77,200
Targets: 77,800, 78,200, 78,800
I’m watching these levels closely.
One thing to remember: RSI is already elevated on the 1H chart, so don’t chase green candles. Wait for a good entry and manage your risk.
Let’s see if $BTC completes this pattern or not .
#BTC Price Analysis#
