Bitcoin is repeating a familiar 2023 setup.
$BTC is once again consolidating between the weekly MA 50 ($75.5K) and MA 100 ($87.4K) after rejection.
Key levels to watch:
* Support: $75.5K, then $67.8K (MA 200)
* Resistance: $82K, then $87.4K
* RSI near 50, still holding above the bear market zone.
* Stoch RSI looks weak, with room for a dip toward 44.
Just like 2023, this consolidation could set up the next major rally.
A weekly reclaim of $87.4K could change everything. But first, $BTC must defend its support.
$BTC is once again consolidating between the weekly MA 50 ($75.5K) and MA 100 ($87.4K) after rejection.
Key levels to watch:
* Support: $75.5K, then $67.8K (MA 200)
* Resistance: $82K, then $87.4K
* RSI near 50, still holding above the bear market zone.
* Stoch RSI looks weak, with room for a dip toward 44.
Just like 2023, this consolidation could set up the next major rally.
A weekly reclaim of $87.4K could change everything. But first, $BTC must defend its support.
