🌅 $BTC trend holding above $80k
BTC pushed to $80.4k, up 3.1% on the day, uptrend intact. Dominance at 59.55% as alts lag. RSI at 65.2 — near overbought, but candles haven't turned yet; SMA20 above SMA50 keeps structure healthy.
• Resistance: $80.96k, next target $81.2k on breakout
• Support: $79.7k
• Below support: pullback risk increases
Plan: hold longs while price stays above $79.7k, prepare for continuation on a break above $81k; a close below $79.7k invalidates the bullish setup and risk should be managed accordingly.
Not financial advice.
BTC pushed to $80.4k, up 3.1% on the day, uptrend intact. Dominance at 59.55% as alts lag. RSI at 65.2 — near overbought, but candles haven't turned yet; SMA20 above SMA50 keeps structure healthy.
• Resistance: $80.96k, next target $81.2k on breakout
• Support: $79.7k
• Below support: pullback risk increases
Plan: hold longs while price stays above $79.7k, prepare for continuation on a break above $81k; a close below $79.7k invalidates the bullish setup and risk should be managed accordingly.
Not financial advice.
