📉 BTC — CONTINUED CONSOLIDATION BELOW THE MOVING AVERAGE CLUSTER! 🔻
$BTC is trading lower at 79,828.8 (-0.64%, or roughly Rs22,088,628.96), moving within an active 24-hour range between a high of 80,920.0 and a low of 79,321.8. Price action on this 4-hour chart displays a continued corrective drift following the rejection from the 84,875.2 peak, hovering just underneath the fast MA(7) (80,145.0), MA(25) (80,797.9), and macro structural MA(99) (82,066.8) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 78,000.0–79,500.0 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 76,800.0
🎯 TP1: 82,500.0
🎯 TP2: 84,500.0
Are you watching for Bitcoin to hold these lower boundaries and build a base for a relief bounce, or looking for deeper tests of support? Let's discuss below! 👇
👉 Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #bearish
$BTC is trading lower at 79,828.8 (-0.64%, or roughly Rs22,088,628.96), moving within an active 24-hour range between a high of 80,920.0 and a low of 79,321.8. Price action on this 4-hour chart displays a continued corrective drift following the rejection from the 84,875.2 peak, hovering just underneath the fast MA(7) (80,145.0), MA(25) (80,797.9), and macro structural MA(99) (82,066.8) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 78,000.0–79,500.0 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 76,800.0
🎯 TP1: 82,500.0
🎯 TP2: 84,500.0
Are you watching for Bitcoin to hold these lower boundaries and build a base for a relief bounce, or looking for deeper tests of support? Let's discuss below! 👇
👉 Trade: $BTC
#BTC #bitcoin #cryptotrading #BinanceSquare #bearish
