I’m watching BTC around the $79K–$80K area after the rejection from the $80K–$82K zone.
On the chart, price is holding above the nearby support area, but momentum has not yet confirmed a continuation. I’m not interested in chasing the move here.
My reasoning:
→ $80K remains the key level to reclaim and hold
→ The recent highs represent buy-side liquidity
→ A sweep of nearby lows followed by a bullish break of structure would strengthen the long setup
→ A rejection from $80K–$82K followed by a bearish break of structure would signal a possible deeper retracement
→ I want to see confirmation from price action before entering
Bullish idea: BTC reclaims and holds above $80K, then breaks the recent high, opening the way for continuation.
Bearish idea: BTC sweeps liquidity, rejects the $80K–$82K area, and prints a bearish break of structure, confirming downside pressure.
For now, I’m watching the reaction not predicting the outcome.
Let BTC show its hand. 📊
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