๐จ BTC JUST BROKE ABOVE $75K โ NOW THE RETEST MATTERS
Bitcoin is currently around $74.8K, after reaching a $75.8K 24H high.
The 1D chart is showing a powerful breakout with a major increase in volume.
Here's my map:
๐ข $73Kโ$74K โ first retest/support zone
๐ด $78.6K โ next major resistance
๐ด $82.85K โ previous major high
The setup I'd want to see:
$75K breakout โ pullback โ $73โ74K holds โ buyers return
If that happens, $78.6K becomes the next major battle.
Break $78.6K and the previous $82.85K high comes back into focus.
โ ๏ธ But after a move this aggressive, chasing the green candle isn't the setup I'm looking for.
I want the retest.
$BTC
Bitcoin is currently around $74.8K, after reaching a $75.8K 24H high.
The 1D chart is showing a powerful breakout with a major increase in volume.
Here's my map:
๐ข $73Kโ$74K โ first retest/support zone
๐ด $78.6K โ next major resistance
๐ด $82.85K โ previous major high
The setup I'd want to see:
$75K breakout โ pullback โ $73โ74K holds โ buyers return
If that happens, $78.6K becomes the next major battle.
Break $78.6K and the previous $82.85K high comes back into focus.
โ ๏ธ But after a move this aggressive, chasing the green candle isn't the setup I'm looking for.
I want the retest.
$BTC