Bitcoin is currently trapped in a trading range between $75,588 (major support bottom) and $81,500 (major resistance top). The price is currently at $78,814, moving upward toward immediate resistance around $79,150.
Trade Signals
Setup 1: SHORT Signal (Playing the Resistance Rejection)
Best if Bitcoin gets rejected near the 24-hour high of $79,147.
Entry Zone: $78,900 – $79,200
Target 1 (TP1): $77,500 (Mid-range support)
Target 2 (TP2): $76,000 (Major support zone)
Stop Loss (SL): $79,800 (Above local rejection wick)
$BTC
Trade Signals
Setup 1: SHORT Signal (Playing the Resistance Rejection)
Best if Bitcoin gets rejected near the 24-hour high of $79,147.
Entry Zone: $78,900 – $79,200
Target 1 (TP1): $77,500 (Mid-range support)
Target 2 (TP2): $76,000 (Major support zone)
Stop Loss (SL): $79,800 (Above local rejection wick)
$BTC
