Bitcoin at $76,000 and everyone has started burying the $120,000 dream—but perhaps this is where the opportunity lies
While everyone is talking about the uptrend collapsing, there are technical indicators worth watching: the price is currently testing the weekly Fair Value Gap (Weekly FVG) zone; momentum is going through a reset phase after the pullback; and the RSI is approaching a zone that has seen some interesting reversals in the past.
But there’s one level that could change the whole picture: reclaiming the $80,000–$82,000 zone could quickly bring the $120,000 target back into view. Losing weekly support would cast doubt on this scenario and could force a reassessment of the trend. What does this mean for you? Bitcoin doesn’t have to take off tomorrow. What matters most is that buyers show they’re willing to defend the current zone and then reclaim resistance levels.
The most important phase of a rally isn’t the takeoff—it’s the correction that tests everyone’s patience. We’re facing an opportunity before a new rally 🔥
$BTC
$ETH
$ONE
While everyone is talking about the uptrend collapsing, there are technical indicators worth watching: the price is currently testing the weekly Fair Value Gap (Weekly FVG) zone; momentum is going through a reset phase after the pullback; and the RSI is approaching a zone that has seen some interesting reversals in the past.
But there’s one level that could change the whole picture: reclaiming the $80,000–$82,000 zone could quickly bring the $120,000 target back into view. Losing weekly support would cast doubt on this scenario and could force a reassessment of the trend. What does this mean for you? Bitcoin doesn’t have to take off tomorrow. What matters most is that buyers show they’re willing to defend the current zone and then reclaim resistance levels.
The most important phase of a rally isn’t the takeoff—it’s the correction that tests everyone’s patience. We’re facing an opportunity before a new rally 🔥
$BTC
$ETH
$ONE
