$BTC is hovering around the $78K level and testing a major daily resistance zone—right at the same descending trendline that previously rejected price several times, around the $80K–$82K range.
After this sharp move (from roughly ~$64K), the price has consolidated and the 50 MA/EMA is still below. This isn’t the right moment to chase. To be sure, wait for a clean daily close above the trendline.
If we see another rejection here, expect the move to retrace back toward the moving averages. That’s where the real opportunity shows up—not in excitement, but in not being fooled by weakness.
Patience pays. Let the chart either confirm the breakout or give you a better entry. Staying in the market beats trying to time it every time.
After this sharp move (from roughly ~$64K), the price has consolidated and the 50 MA/EMA is still below. This isn’t the right moment to chase. To be sure, wait for a clean daily close above the trendline.
If we see another rejection here, expect the move to retrace back toward the moving averages. That’s where the real opportunity shows up—not in excitement, but in not being fooled by weakness.
Patience pays. Let the chart either confirm the breakout or give you a better entry. Staying in the market beats trying to time it every time.
