📈 TECHNICAL ANALYSIS: $BTC at $77,350 — Is the bounce still alive?
The support at $76,000 has been tested 3 weeks in a row and held strong.
That's NO coincidence. It's a solid floor.
KEY LEVELS TODAY:
• Support: $76,000 (triple-tested) | $75,537 (average cost of Strategy)
• Resistance: $78,000 (immediate) | $80,000 (psychological) | $82,270 (200-day MA)
INDICATORS:
✅ Bounce from $76,300 with increasing volume
✅ Structure of higher lows on the 4H
⚠️ 200-day MA at $82,270 has rejected price 7 times this month
CRITICAL DATA FOR TODAY:
📊 PCE inflation data is released TODAY.
→ Soft data = $BTC may test $78,000-$80,000
→ Hard data = $76,000 faces its 4th test. If it breaks, next floor $74,500
MY STRATEGY:
→ Long if $BTC holds $76,800 at 4H close
→ Short only if it breaks $75,500 with volume
→ No leverage before the PCE data (14:30 UTC)
Are you trading today's data or waiting for confirmation on $ETH and $BNB? 👇
#Bitcoin #Trading #TechnicalAnalysis #PCE
The support at $76,000 has been tested 3 weeks in a row and held strong.
That's NO coincidence. It's a solid floor.
KEY LEVELS TODAY:
• Support: $76,000 (triple-tested) | $75,537 (average cost of Strategy)
• Resistance: $78,000 (immediate) | $80,000 (psychological) | $82,270 (200-day MA)
INDICATORS:
✅ Bounce from $76,300 with increasing volume
✅ Structure of higher lows on the 4H
⚠️ 200-day MA at $82,270 has rejected price 7 times this month
CRITICAL DATA FOR TODAY:
📊 PCE inflation data is released TODAY.
→ Soft data = $BTC may test $78,000-$80,000
→ Hard data = $76,000 faces its 4th test. If it breaks, next floor $74,500
MY STRATEGY:
→ Long if $BTC holds $76,800 at 4H close
→ Short only if it breaks $75,500 with volume
→ No leverage before the PCE data (14:30 UTC)
Are you trading today's data or waiting for confirmation on $ETH and $BNB? 👇
#Bitcoin #Trading #TechnicalAnalysis #PCE