$BTC
๐Ÿšจ BTC is at a crossroads right now! Does the next wave begin? โ‚ฟ
From the BTCUSDT candles โ€” 1-hour timeframe shown in the image:
๐Ÿ“Œ Current price: 79,342$
๐Ÿ“Œ MA(7): 79,207$
๐Ÿ“Œ MA(25): 78,758$
๐Ÿ“Œ MA(99): 79,308$
Technical picture ๐Ÿ‘‡
๐ŸŸข Price returned above the short moving averages, which is bullish.
๐ŸŸข MA7 is above MA25 โ†’ short-term momentum still leans upward.
๐ŸŸก But price is facing the 79,700โ€“79,850$ zone after a clear rejection near 79,737$.
Levels Iโ€™m watching right now:
๐Ÿš€ Breakout and holding above 79,750$
โ†’ could open the way toward 80,000$ then 80,500$.
โš ๏ธ Loss of 79,200$
โ†’ weakens momentum and may push price back to 78,750$.
๐Ÿ”ด Break of 78,750$
โ†’ the outlook becomes more bearish in the short term.
Summary:
Bitcoin is trying to regain control, but 79,700โ€“79,850$ is the real testing zone right now.
Iโ€™m not chasing the candleโ€ฆ Iโ€™m watching the breakout + holding + trading volume. ๐Ÿ“Š
๐Ÿ”ฅ If youโ€™re following BTC movement minute by minute, press the BTC button and watch the action yourself before making any decision.
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