🚨 $BTC REJECTED FROM $84K — IS A RECOVERY COMING?
📍 Key Support: $81,000–$82,000
🚀 Entry: $81,750–$81,770
🛡️ SL: $80,263.9
📊 RR: ~1:2.6
• TP1: $83,000
• TP2: $84,000
• TP3: $85,639.1
1️⃣ Strong Rejection
BTC faced heavy selling pressure after pushing toward $84K–$85K. Bulls failed to sustain the move, sending price back toward the support zone.
2️⃣ The Critical Zone
BTC is now testing the $81K–$82K region, where price previously consolidated. I'm watching for a bullish reaction before expecting another push higher. Also the bearish candles are getting smaller each time when it is reaching the support zone.
3️⃣ What Happens Next?
If buyers defend this zone and bullish momentum returns, BTC could recover toward $83K, followed by $84K and $85,639.
⚠️ Invalidation
A move below $80,263.9 invalidates this long setup. If support fails, I'd rather wait for a new structure than force a trade.
The next reaction around $81K–$82K could be crucial. 👀
Would you take this long, or wait for confirmation?
#futures #BTC #BinancePick #bitcoin
📍 Key Support: $81,000–$82,000
🚀 Entry: $81,750–$81,770
🛡️ SL: $80,263.9
📊 RR: ~1:2.6
• TP1: $83,000
• TP2: $84,000
• TP3: $85,639.1
1️⃣ Strong Rejection
BTC faced heavy selling pressure after pushing toward $84K–$85K. Bulls failed to sustain the move, sending price back toward the support zone.
2️⃣ The Critical Zone
BTC is now testing the $81K–$82K region, where price previously consolidated. I'm watching for a bullish reaction before expecting another push higher. Also the bearish candles are getting smaller each time when it is reaching the support zone.
3️⃣ What Happens Next?
If buyers defend this zone and bullish momentum returns, BTC could recover toward $83K, followed by $84K and $85,639.
⚠️ Invalidation
A move below $80,263.9 invalidates this long setup. If support fails, I'd rather wait for a new structure than force a trade.
The next reaction around $81K–$82K could be crucial. 👀
Would you take this long, or wait for confirmation?
#futures #BTC #BinancePick #bitcoin