$BTC UPDATE: PULLBACK SETUP
#Bitcoin has made a massive run from around $64K to $79.5K, and now momentum is starting to cool near the highs.
The $79K–$80K area is the key resistance zone. As long as BTC struggles below it, I’m watching for a short-term correction.
For scalpers, a rejection around $77K–$80K could open the way toward $75K, followed by $73K.
I’m not interested in blindly opening a heavy short. After such a strong rally, confirmation matters.
For spot buyers who missed the move, avoid chasing green candles. A healthy correction toward $70K–$73K could offer a much better area to start building positions gradually.
You may have missed the bottom, but that doesn’t mean you missed the next opportunity.
Let the market come to you. Don’t chase it.
$BTC
#Bitcoin has made a massive run from around $64K to $79.5K, and now momentum is starting to cool near the highs.
The $79K–$80K area is the key resistance zone. As long as BTC struggles below it, I’m watching for a short-term correction.
For scalpers, a rejection around $77K–$80K could open the way toward $75K, followed by $73K.
I’m not interested in blindly opening a heavy short. After such a strong rally, confirmation matters.
For spot buyers who missed the move, avoid chasing green candles. A healthy correction toward $70K–$73K could offer a much better area to start building positions gradually.
You may have missed the bottom, but that doesn’t mean you missed the next opportunity.
Let the market come to you. Don’t chase it.
$BTC