BTC/USDT 1H โ WAIT FOR CONFIRMATION ๐
Bitcoin is currently trading around $80,930 on the 1-hour chart. Price has made a strong upward move and is now approaching a major resistance / sell-flow zone around $81,500โ$81,800.
The CVD profile is showing strong buying activity, but sellers are also active around the current resistance area. Therefore, waiting for confirmation is important before taking a position.
๐ข Bullish Scenario:
If BTC breaks and holds above $81,800 with strong volume, the next potential levels could be:
๐ฏ TP1: $82,500
๐ฏ TP2: $83,000
๐ฏ TP3: $84,000+
๐ด Bearish Scenario:
If BTC gets rejected strongly from the $81,500โ$81,800 zone, a pullback toward $79,500โ$78,500 could be possible.
โ ๏ธ Do not chase the move. Wait for a confirmed breakout or rejection. Use proper risk management and avoid excessive leverage.
This is a technical analysis setup, not financial advice or a guaranteed-profit signal.
$BTC #BTCBreaks80K
Bitcoin is currently trading around $80,930 on the 1-hour chart. Price has made a strong upward move and is now approaching a major resistance / sell-flow zone around $81,500โ$81,800.
The CVD profile is showing strong buying activity, but sellers are also active around the current resistance area. Therefore, waiting for confirmation is important before taking a position.
๐ข Bullish Scenario:
If BTC breaks and holds above $81,800 with strong volume, the next potential levels could be:
๐ฏ TP1: $82,500
๐ฏ TP2: $83,000
๐ฏ TP3: $84,000+
๐ด Bearish Scenario:
If BTC gets rejected strongly from the $81,500โ$81,800 zone, a pullback toward $79,500โ$78,500 could be possible.
โ ๏ธ Do not chase the move. Wait for a confirmed breakout or rejection. Use proper risk management and avoid excessive leverage.
This is a technical analysis setup, not financial advice or a guaranteed-profit signal.
$BTC #BTCBreaks80K
