đ BTC/USDT â 1H Update
BTC is pressing into $78.5K â $78.6K resistance. This zone has rejected price twice. Todayâs wick to $78.8K was a liquidity grab, not a breakout.
Structure since the $76.6K double bottom is still making higher lows. The latest higher low sits at $77.75K â $77.85K.
đą Bullish: 1H close above $78.6K â retest â $79.8K â $80K (old range low)
đŽ Bearish: 1H close below $77.75K â $76.6K â $76.8K (double bottom)
Between $77.75K and $78.6K it is just chop. Wait for the close, donât guess the break.
Not financial advice, manage your risk. đ
$BTC
#BTC
BTC is pressing into $78.5K â $78.6K resistance. This zone has rejected price twice. Todayâs wick to $78.8K was a liquidity grab, not a breakout.
Structure since the $76.6K double bottom is still making higher lows. The latest higher low sits at $77.75K â $77.85K.
đą Bullish: 1H close above $78.6K â retest â $79.8K â $80K (old range low)
đŽ Bearish: 1H close below $77.75K â $76.6K â $76.8K (double bottom)
Between $77.75K and $78.6K it is just chop. Wait for the close, donât guess the break.
Not financial advice, manage your risk. đ
$BTC
#BTC
