Hi fam ❤️
$BTC is getting interesting around this area.
I’ve been watching this 1H chart, and the thing that stands out to me is the descending trendline from the 81.4K area. Price has already tried to push higher a few times, but sellers are still defending that zone.
Right now BTC is around 78.2K, so I’m not looking to chase anything here.
For me, the key area is around 79.3K–79.6K. If BTC breaks that trendline with a clean BOS and holds the retest, then I’d be much more interested in a bullish continuation.
But if price gets rejected again, I’m watching 77.5K first, and below that the 76.6K area.
So yeah, I’m keeping it simple:
Break + retest above the trendline → bullish.
Rejection → watch the lower supports.
No need to force a trade here. Let BTC show the direction first. 👀
What are you watching — breakout or rejection?
$BTC
$BTC is getting interesting around this area.
I’ve been watching this 1H chart, and the thing that stands out to me is the descending trendline from the 81.4K area. Price has already tried to push higher a few times, but sellers are still defending that zone.
Right now BTC is around 78.2K, so I’m not looking to chase anything here.
For me, the key area is around 79.3K–79.6K. If BTC breaks that trendline with a clean BOS and holds the retest, then I’d be much more interested in a bullish continuation.
But if price gets rejected again, I’m watching 77.5K first, and below that the 76.6K area.
So yeah, I’m keeping it simple:
Break + retest above the trendline → bullish.
Rejection → watch the lower supports.
No need to force a trade here. Let BTC show the direction first. 👀
What are you watching — breakout or rejection?
$BTC
