BTC is currently at $77,530. 👀
bitcoin has been consolidating above the $76,000 demand zone after the recent move higher, and buyers are still defending this area.
this is the zone i’ll be watching for entry.
if buyers hold $76,000 - $76,650.68 and price reclaims $76,962, i would expect a move toward $81,376 and potentially $82,043.
the setup i'm watching is simple:
demand: $76,000 - $76,650.68
• target 1: $81,376
• target 2: $82,043
sl: $75,114
if the demand zone holds, btc could move even more than the target.
but if we lose the zone with strong momentum, the bullish setup is invalidated and further downside could follow.
for now, i'm watching the reaction around demand. this is where the next move could start. 📈
dyor.
bitcoin has been consolidating above the $76,000 demand zone after the recent move higher, and buyers are still defending this area.
this is the zone i’ll be watching for entry.
if buyers hold $76,000 - $76,650.68 and price reclaims $76,962, i would expect a move toward $81,376 and potentially $82,043.
the setup i'm watching is simple:
demand: $76,000 - $76,650.68
• target 1: $81,376
• target 2: $82,043
sl: $75,114
if the demand zone holds, btc could move even more than the target.
but if we lose the zone with strong momentum, the bullish setup is invalidated and further downside could follow.
for now, i'm watching the reaction around demand. this is where the next move could start. 📈
dyor.