$BTC HIGHER HIGH CONFIRMATION OR BREAKDOWN?
#BTC is still trading below the key HTF resistance structure, and the next Higher High (HH) is NOT confirmed yet.
The critical level to watch is the $80,108 Inducement (IND) level.
BULLISH SCENARIO:
If BTC holds above $80,108 and breaks the current resistance structure, we could see a new HH and continuation toward the ATH zone.
BEARISH SCENARIO:
If BTC breaks below $80,108 and gets a confirmed HTF close below the Inducement, the market structure could weaken significantly.
In that case, $70K–$65K becomes a key downside area to watch.
Until one of these confirmations occurs, I’m waiting for the next clean setup rather than forcing a trade.
What do you think: New HH first, or a $70K–$65K retest?
#BTC is still trading below the key HTF resistance structure, and the next Higher High (HH) is NOT confirmed yet.
The critical level to watch is the $80,108 Inducement (IND) level.
BULLISH SCENARIO:
If BTC holds above $80,108 and breaks the current resistance structure, we could see a new HH and continuation toward the ATH zone.
BEARISH SCENARIO:
If BTC breaks below $80,108 and gets a confirmed HTF close below the Inducement, the market structure could weaken significantly.
In that case, $70K–$65K becomes a key downside area to watch.
Until one of these confirmations occurs, I’m waiting for the next clean setup rather than forcing a trade.
What do you think: New HH first, or a $70K–$65K retest?
