$BTC Extending the Rally 🚀
Bitcoin is trading around $79,800 – $80,700, after pushing to a high near $81,200 today.
Technical Snapshot:
• Support: $78,000 – $78,500
• Stronger support: $76,000 – $76,500
• Resistance: $81,500 – $82,500
• Momentum: Strongly bullish after the multi-day breakout
The Setup:
BTC has continued its powerful advance after the best weekly performance in years. Price broke decisively above the previous $77k–$79k zone and is now testing higher levels with solid follow-through. The structure remains firmly bullish as long as key supports hold.
Potential targets on this rally:
Near-term: $82,000 – $85,000 Stretch target if momentum continues: $88,000 – $92,000
As long as $78,000–$78,500 holds on any pullback, the path of least resistance remains higher.
#BTC #bitcoin #crypto
Bitcoin is trading around $79,800 – $80,700, after pushing to a high near $81,200 today.
Technical Snapshot:
• Support: $78,000 – $78,500
• Stronger support: $76,000 – $76,500
• Resistance: $81,500 – $82,500
• Momentum: Strongly bullish after the multi-day breakout
The Setup:
BTC has continued its powerful advance after the best weekly performance in years. Price broke decisively above the previous $77k–$79k zone and is now testing higher levels with solid follow-through. The structure remains firmly bullish as long as key supports hold.
Potential targets on this rally:
Near-term: $82,000 – $85,000 Stretch target if momentum continues: $88,000 – $92,000
As long as $78,000–$78,500 holds on any pullback, the path of least resistance remains higher.
#BTC #bitcoin #crypto
