#BrazilVirtualAssetLicenseDeadlineDrawsAbout40Firms
1. Bitcoin (BTC) — Pullback Long Setup
$BTC is showing a potential pullback-long setup near $78,000 after recovering from recent selling pressure.
Buyers need to defend the $77,500–$77,800 support zone, while a break above $78,500 could attract fresh buying. A rejection from resistance may bring sellers back into control.
EP: $77,700–$78,000
TP1: $78,400
TP2: $78,800
TP3: $79,200
SL: $77,300
The $77,500 area is the key support to watch for a potential liquidity sweep and recovery. A confirmed break below this level would weaken the bullish structure and invalidate the setup. Risk/reward is approximately 1:1.3 to TP1 and 1:3.3 to TP3.
1. Bitcoin (BTC) — Pullback Long Setup
$BTC is showing a potential pullback-long setup near $78,000 after recovering from recent selling pressure.
Buyers need to defend the $77,500–$77,800 support zone, while a break above $78,500 could attract fresh buying. A rejection from resistance may bring sellers back into control.
EP: $77,700–$78,000
TP1: $78,400
TP2: $78,800
TP3: $79,200
SL: $77,300
The $77,500 area is the key support to watch for a potential liquidity sweep and recovery. A confirmed break below this level would weaken the bullish structure and invalidate the setup. Risk/reward is approximately 1:1.3 to TP1 and 1:3.3 to TP3.