Bitcoin’s current structure looks interesting.
After moving from around $64K to $80K,
$BTC
built a range around $78K–$82K.
If the AMD structure plays out, I’d expect a shakeout toward $70K–$72K before the next move higher.
The key is what happens after that dip. Reclaim $78K–$82K and $86K–$88K comes into play.
If
$BTC
loses $70K and can’t recover, I’d forget this setup.
For now, I’m watching the reaction, not chasing the move.
After moving from around $64K to $80K,
$BTC
built a range around $78K–$82K.
If the AMD structure plays out, I’d expect a shakeout toward $70K–$72K before the next move higher.
The key is what happens after that dip. Reclaim $78K–$82K and $86K–$88K comes into play.
If
$BTC
loses $70K and can’t recover, I’d forget this setup.
For now, I’m watching the reaction, not chasing the move.
