$BTC is back at the lower trendline — classic retest.
Price keeps pushing higher highs, but RSI is printing lower lows. That's bearish divergence, and it matters. It's telling us momentum is fading even as price climbs.
I'm watching this channel closely. If it holds, we're still in play for $80K-$82K. That's the next logical target if bulls defend this level.
But if we lose the trendline? Expect a deeper pullback. That's when patience pays off — wait for a better entry, don't chase.
This is how you trade with the chart and the macro backdrop. Respect the setup, respect the levels, and let the market show its hand.
Price keeps pushing higher highs, but RSI is printing lower lows. That's bearish divergence, and it matters. It's telling us momentum is fading even as price climbs.
I'm watching this channel closely. If it holds, we're still in play for $80K-$82K. That's the next logical target if bulls defend this level.
But if we lose the trendline? Expect a deeper pullback. That's when patience pays off — wait for a better entry, don't chase.
This is how you trade with the chart and the macro backdrop. Respect the setup, respect the levels, and let the market show its hand.