$BTC Update (4H)
BTC slipped below $80K last night and closed one 4H candle at $79.57K, but the very next candle reclaimed the level. That’s a fake breakdown: the liquidity below $79.3K got swept and buyers stepped straight back in.
The real support is $80K – $80.45K, where candle bodies have held since September. The wicks below it are liquidity grabs, not support.
Bullish case: holding above $80K opens a bounce to the $81.5K – 82K resistance.
Bearish case: a 4H close below $80K that holds sends BTC to the $77.9K – 78.4K demand zone.
The trend is still printing lower highs ($87.2K, then $84.8K), so treat any bounce into $81.5K – 82K with caution.
Not financial advice, manage your risk.
#BTC #FranklinTempletonFilesForTwoDividendToBitcoinETFs
#crypto #BuyTheDip #altcoins
BTC slipped below $80K last night and closed one 4H candle at $79.57K, but the very next candle reclaimed the level. That’s a fake breakdown: the liquidity below $79.3K got swept and buyers stepped straight back in.
The real support is $80K – $80.45K, where candle bodies have held since September. The wicks below it are liquidity grabs, not support.
Bullish case: holding above $80K opens a bounce to the $81.5K – 82K resistance.
Bearish case: a 4H close below $80K that holds sends BTC to the $77.9K – 78.4K demand zone.
The trend is still printing lower highs ($87.2K, then $84.8K), so treat any bounce into $81.5K – 82K with caution.
Not financial advice, manage your risk.
#BTC #FranklinTempletonFilesForTwoDividendToBitcoinETFs
#crypto #BuyTheDip #altcoins
