$BTC is unbeatable, and today reminded everyone again.
A week ago the market was calling for another leg down. This morning price dipped to 75,736 and got bought straight back, and it's now at 80,658, up 4.10% on the day. The 81k level is right there, with a 24h high of 81,196, so it's one push away.
The daily candle is a big green bar that reclaimed the EMA(25) at 80,255 and the EMA(7) at 78,778 in one session. RSI(6) jumped to 61.69, volume is 1.56B USDT, and every dip this month has been bought before it could break the EMA(99) at 77,888.
Look at what BTC has taken in a month. The October flush, the leveraged long wipeouts, the S&P dropping, gold falling, Fed rate talk, the Clarity Act stalling. Each one was called the end, and each time buyers showed up. 90 day is still up 24.53%.
81k is the level to watch. A close above it flips the short term structure back to bullish, and the next stop is the 82,183 to 84,988 zone. Rejected at 81k and the 76k to 77k range is the floor to watch.
Every cycle has people saying it's over. The chart keeps saying otherwise.
$BTC
A week ago the market was calling for another leg down. This morning price dipped to 75,736 and got bought straight back, and it's now at 80,658, up 4.10% on the day. The 81k level is right there, with a 24h high of 81,196, so it's one push away.
The daily candle is a big green bar that reclaimed the EMA(25) at 80,255 and the EMA(7) at 78,778 in one session. RSI(6) jumped to 61.69, volume is 1.56B USDT, and every dip this month has been bought before it could break the EMA(99) at 77,888.
Look at what BTC has taken in a month. The October flush, the leveraged long wipeouts, the S&P dropping, gold falling, Fed rate talk, the Clarity Act stalling. Each one was called the end, and each time buyers showed up. 90 day is still up 24.53%.
81k is the level to watch. A close above it flips the short term structure back to bullish, and the next stop is the 82,183 to 84,988 zone. Rejected at 81k and the 76k to 77k range is the floor to watch.
Every cycle has people saying it's over. The chart keeps saying otherwise.
$BTC
