$BTC Update

Bitcoin has confirmed a clean breakout and retest of the 79.2K level. This zone got rejected 4 times in late April as resistance, then broke on May 3–4, and the May 8 pullback retested it perfectly — flipped to support.

Now the battle is at 82.4–82.8K where price got rejected twice (May 6 and May 11) — a potential double top forming. The next move depends on this level.

🟢 Bias: Bullish above 79.2K — but watching 82.8K closely

Trade Plan:

🟢 Long Setup A: Buy retest of 79.2K with bullish wick

Entry: 79.4–79.8K | SL: below 78.5K | TP1: 82.8K | TP2: 85K

🟢 Long Setup B (Breakout): Wait for 1H candle close above 83K

Entry: 83.2K | SL: below 81.8K | TP1: 85K | TP2: 87K

🔴 Invalidation: 1H close below 79K = flip zone failure, bias shifts neutral. Watch 78K next.

Don't chase the move at current levels — wait for either the breakout above 83K or the pullback to 79.2K. Mid-range chasing is the trap.