Trade Setup
Bias: Bullish (trend continuation, buy the dip)
Entry: $78,850 - $79,050
TP1: $79,136
TP2: $79,898
TP3: $80,667
SL: $78,380

Why: Price already V-recovered off today's flush low and is consolidating right under the same shelf it broke down from, not collapsing further. That matches the macro picture, a strong monthly trend digesting, not reversing.
Watch: A close above $79,136 with volume is the real confirmation this bounce extends.
Invalidation: Losing $78,380 breaks the recovery structure and opens room back toward $77,808.

Bitcoin just had its best month since April. Up roughly 23% in a week, cleared $80K for the first time in three months, touched $81,235 on Tuesday. The trigger wasn't crypto-native, it was the Treasury Department surprising markets with a move to double its long-term bond-buying program, and risk assets across the board caught the bid.

Since then it's cooled to the high $78Ks. Nothing broken, just digestion after a 20%+ monthly run. Worth watching: open interest has climbed 16% over the past week to $55.6B, and long liquidations have started outpacing shorts, meaning some of that bullish leverage is already getting tested.

Resistance between $77,500 and $80,000 hasn't been decisively cleared yet. Until it is, this reads as a strong trend taking a breather, not a confirmed breakout to new highs.
No financial advice. DYOR.

#bitcoin #Macro $BTC