$BTC

I don’t think Bitcoin should pull back too deeply from here. Ideally, I’d like to see some solid support around the $83,500–$84,000 zone.

We got a high-timeframe breakout this week, which is an important move. Normally, after breaking above a key HTF level, you want to see price hold above it rather than immediately losing the level again.

If BTC manages to hold the $83.5K–$84K area and starts moving higher, that would keep the breakout structure looking healthy.

But if the breakout turns out to be short-lived and price drops back below that important HTF level, then things could get very interesting.

For now, $83.5K–$84K is the zone I’m watching closely. 👀📊#BitcoinSpotETFsNetInflow$191M

BITCOIN

Alpha

0.015585

-0.63%