Plan $BTC Daily
Yesterday, BTC pushed into the 85K+ resistance area, but buyers failed to maintain the momentum. Price was quickly rejected and sold off from that zone
For now, I’m still maintaining a cautious bias and leaning toward another correction before BTC can make its next move higher
The first area I’m watching is around 82K
If 82K fails to hold, BTC could extend the correction toward 80K. That’s also where I’ll be watching price action more closely for a potential setup for the next bounce
My main scenario:
85K rejection → 82K → if 82K breaks, watch 80K → wait for confirmation before looking for the next move higher
I’m not interested in FOMOing any short-term bounce here. I’d rather wait for BTC to reach the key support zones and let the market confirm the next direction
NFA - DYOR
Yesterday, BTC pushed into the 85K+ resistance area, but buyers failed to maintain the momentum. Price was quickly rejected and sold off from that zone
For now, I’m still maintaining a cautious bias and leaning toward another correction before BTC can make its next move higher
The first area I’m watching is around 82K
If 82K fails to hold, BTC could extend the correction toward 80K. That’s also where I’ll be watching price action more closely for a potential setup for the next bounce
My main scenario:
85K rejection → 82K → if 82K breaks, watch 80K → wait for confirmation before looking for the next move higher
I’m not interested in FOMOing any short-term bounce here. I’d rather wait for BTC to reach the key support zones and let the market confirm the next direction
NFA - DYOR
