$BTC 05/11/2026 BTC D1 timeframe
Current price ~80,418 (-1,570, -1.89%). The bulls are holding firmly around 80,000–80,400 after the bears slammed the price down from 87,000–88,000.
D1 had a SELL BLOWOFF x1.8 on the previous upswing. VOL range is currently around 80,410. RANGE · VRP +8.1 → sell condor. Nearby resistance: 83,000–87,000. Major support: 77,900, then 75,000–71,000.
If the bulls hold and push past 83,000, it’ll be a euphoric breakout. But if the bears press down right at 80,400, we’ll exit early without seeing it through—like having a quick one and calling it quits.
The bears still have the upper hand after the drop. A break above 83,000 would reverse the trend; below 77,900, the bears will keep pressing hard.
Current price ~80,418 (-1,570, -1.89%). The bulls are holding firmly around 80,000–80,400 after the bears slammed the price down from 87,000–88,000.
D1 had a SELL BLOWOFF x1.8 on the previous upswing. VOL range is currently around 80,410. RANGE · VRP +8.1 → sell condor. Nearby resistance: 83,000–87,000. Major support: 77,900, then 75,000–71,000.
If the bulls hold and push past 83,000, it’ll be a euphoric breakout. But if the bears press down right at 80,400, we’ll exit early without seeing it through—like having a quick one and calling it quits.
The bears still have the upper hand after the drop. A break above 83,000 would reverse the trend; below 77,900, the bears will keep pressing hard.
