$BTC hovering at $78.5K and the 4H chart is telling the same story.
$79.5K is the line in the sand. Multiple rejections already. Until we flip it, that $79.5K-$80K zone is straight resistance.
The upside? We're still comfortably above the $70.5K breakout level. Structure intact for now.
Here's the playbook:
Break and hold $79.5K → $80K+ opens up fast
Lose current range → $70.5K becomes the critical support to defend
$BTC is coiling under resistance. Compression like this doesn't last forever.
Something's about to give.
$79.5K is the line in the sand. Multiple rejections already. Until we flip it, that $79.5K-$80K zone is straight resistance.
The upside? We're still comfortably above the $70.5K breakout level. Structure intact for now.
Here's the playbook:
Break and hold $79.5K → $80K+ opens up fast
Lose current range → $70.5K becomes the critical support to defend
$BTC is coiling under resistance. Compression like this doesn't last forever.
Something's about to give.
