BTC Natural Pullback After Strong Surge
A pullback to $80k is totally normal and healthy after such an explosive upward move. We're currently witnessing a phase of retest and correction as the market cools down after the recent peak at $81,791.
Key levels to watch:
Immediate support: $80,000 – $79,700 zone.
Structure: As long as BTC holds above $78,200, the overall bullish structure remains intact.
Next move: This phase of consolidation helps build a stronger base for the next leg up towards all-time highs.
Don't panic, patience is key during the retest! 🚀
$BTC #BankofEnglandMayPauseDigitalPound #EthereumFoundationSellsETHtoBitmineAgain #USAndIranTradeShotInTheStraitOfHormuz #Binance #BTC
A pullback to $80k is totally normal and healthy after such an explosive upward move. We're currently witnessing a phase of retest and correction as the market cools down after the recent peak at $81,791.
Key levels to watch:
Immediate support: $80,000 – $79,700 zone.
Structure: As long as BTC holds above $78,200, the overall bullish structure remains intact.
Next move: This phase of consolidation helps build a stronger base for the next leg up towards all-time highs.
Don't panic, patience is key during the retest! 🚀
$BTC #BankofEnglandMayPauseDigitalPound #EthereumFoundationSellsETHtoBitmineAgain #USAndIranTradeShotInTheStraitOfHormuz #Binance #BTC
