1. Key levels to watch Resistance zone $81,800–$82,200 Major reclaim level; previous support/resistance and possible rejection area.
Current price area $80,000–$80,500 Price is near the lower consolidation area and needs to show whether buyers are defending it. Major support zone $79,200–$79,800 A breakdown and failed retest would weaken the bullish setup.
$BTC Harmonic Butterfly pattern Your chart marks a potential bullish Butterfly completion near point D around 79,762. X–A–B–C–D: The projected harmonic structure identifies a possible reversal zone. D zone: The sharp reaction from around 79,800 supports the possibility that buyers are defending this level. Projected rebound: The red arrow points toward approximately 81,585, which is a plausible first major recovery target if momentum continues. Important: a harmonic pattern is a setup, not confirmation. The bounce alone does not prove that the low is in. BTC closes a 15-minute candle above 81,460–81,585 and successfully retests that zone as support. First upside objective: 82,070 Next objective: 82,572 Extended objective: 82,945 A breakout without a successful retest can still fail.👍👍👍👍