$BTC broke out of weekend range in Asia session — now sitting at ~78.3k, just shy of 78.8k.
Short-term resistance: 78,800 (Friday's bounce high). Broke above 77,800 yesterday (former resistance, now support). Tapped 78,523 overnight.
Support zones:
• 77,800 — weekend box top, flipped from resistance
• 76,300 — mid-Sept rally base, tested Friday night
Mid-term upside: 80,700 (daily 20MA zone).
Personal read: This looks like a breakout continuation, not a new narrative. Need a clean hold above 78.8k to push toward the 80k zone. If we lose 77.8k again, we're back in weekend chop mode.
Question is: Do we tag 78.8k first, or retest 77.8k support before the next leg?
Short-term resistance: 78,800 (Friday's bounce high). Broke above 77,800 yesterday (former resistance, now support). Tapped 78,523 overnight.
Support zones:
• 77,800 — weekend box top, flipped from resistance
• 76,300 — mid-Sept rally base, tested Friday night
Mid-term upside: 80,700 (daily 20MA zone).
Personal read: This looks like a breakout continuation, not a new narrative. Need a clean hold above 78.8k to push toward the 80k zone. If we lose 77.8k again, we're back in weekend chop mode.
Question is: Do we tag 78.8k first, or retest 77.8k support before the next leg?
