$BTC is at $76,000, and everyone has started to give up on the $120,000 dream but perhaps this is where the opportunity lies
While everyone is talking about the collapse of the uptrend, there are technical indicators worth paying attention to:
The price is currently testing the Weekly Fair Value Gap (Weekly FVG) zone
Momentum is undergoing a reset following the pullback
The RSI is approaching a zone that has seen interesting reversals in the past
But there is one level that could completely change the picture:
A retake of the $80,000–$82,000 zone could quickly bring the $120,000 target back into focus
Losing weekly support would cast doubt on this scenario and may force a reassessment of the trend
What does this mean for you?
Bitcoin doesn’t necessarily have to surge tomorrow. What matters most is that buyers show they’re willing to defend the current zone and then retake resistance levels
The most important phase of a rally isn’t the surge it’s the correction that makes everyone lose patience
We’re facing an opportunity ahead of a new uptrend
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While everyone is talking about the collapse of the uptrend, there are technical indicators worth paying attention to:
The price is currently testing the Weekly Fair Value Gap (Weekly FVG) zone
Momentum is undergoing a reset following the pullback
The RSI is approaching a zone that has seen interesting reversals in the past
But there is one level that could completely change the picture:
A retake of the $80,000–$82,000 zone could quickly bring the $120,000 target back into focus
Losing weekly support would cast doubt on this scenario and may force a reassessment of the trend
What does this mean for you?
Bitcoin doesn’t necessarily have to surge tomorrow. What matters most is that buyers show they’re willing to defend the current zone and then retake resistance levels
The most important phase of a rally isn’t the surge it’s the correction that makes everyone lose patience
We’re facing an opportunity ahead of a new uptrend
Save this tweet to your favorites
