BTC pumped from $75,736 to $81,196. Now it's stuck around $80,500.
In my view, this is the most dangerous zone. Why?
1. Pump was fast - $75K to $81K in 1 day, fueled by short liquidations
2. Price is now consolidating just above $80K
3. If we hold $80K, next target is still $82K. If we lose $79K, we can re-test $78K again.
I am not chasing here. I am waiting for a clear break.
What are you doing here?
A) Buying $80.5K
B) Waiting for $82K break
C) Waiting for $78K dip
Let me know in comments.
Not financial advice.
BTC
75,728
-6.01%