🔥 Bitcoin BTC — Is a move up coming, or a stronger correction?
📊 The price is currently around $77,500–$78,000
After a bounce from the $$ area around $76,000, the price has entered a very critical phase. We have strong resistance between $78,300–$80,000, and on the other hand, an important support zone at $76,000–$75,500.
🎯 My personal outlook:
I lean toward a choppy, sideways scenario first, then an attempt to move upward, but I won’t consider the trend clearly bullish unless BTC closes above $79,000–$80,000.
🟢 LONG scenario
If the price holds above $76K then breaks $79K with a clear closing:
➡️ Entry: after the breakout confirmation
🎯 TP1: $80,000
🎯 TP2: $81,500
🎯 TP3: $82,800
🛑 SL: below the breakout zone
A break above $80K may bring attention back to the $82K–$84K zone. And there are analyses suggesting that surpassing higher levels such as $81.7K will be important to confirm a mid-term trend improvement.
🔴 SHORT scenario
If BTC fails to break above $79K–$80K and breaks $75,500 with a clear closing:
➡️ Entry: after the breakdown confirmation
🎯 TP1: $74,000
🎯 TP2: $72,300
🛑 SL: above the breakdown zone
📌 The most important rule: Don’t enter the trade just because the price touches the level. Wait for a confirmed breakout or breakdown.
⚠️ Very important: This is personal analysis, not financial advice. Use a Stop Loss and don’t risk more than you can afford.
👇 Now it’s your turn:
Do you think $BTC will reach $80,000+ first?
Or will we see $75,000 then $72,000?
Write your expectation + the reason for your expectation 👇🔥
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