$BTC 4H — The range is closing in. 👀
Bitcoin is testing rising support near $81.6K, with descending resistance keeping every bounce under pressure.
The key ceiling: $83.8K–$84.5K.
My base case is a brief bounce or W-shaped recovery attempt. If that reclaim fails and support breaks, $76K–$78K comes into focus.
A convincing breakout above resistance would challenge that view and put $88K+ back on the radar.
Watching the break—and whether it holds. ⚡
Bitcoin is testing rising support near $81.6K, with descending resistance keeping every bounce under pressure.
The key ceiling: $83.8K–$84.5K.
My base case is a brief bounce or W-shaped recovery attempt. If that reclaim fails and support breaks, $76K–$78K comes into focus.
A convincing breakout above resistance would challenge that view and put $88K+ back on the radar.
Watching the break—and whether it holds. ⚡