$BTC pulling back overnight — totally normal, not a red flag. Adjusted first target up to $82,700 to match recent highs. That's the level I'm locked on — big resistance.
Seeing some exhaustion creeping in: volume dropping off, triple negative RSI divergence forming on the daily. Not screaming reversal yet, but worth respecting.
Game plan: Full close on my $BTC long if we pierce $82,700. Then watch the reaction — likely flip short if it stalls. Not setting blind limits; I'll be there live.
If ...
Bitcoin just pushed to $81,275. I do not see a new cycle in that. I see a test of a level I have been watching.
If you follow my work, this is the update I wanted you to have.
- Why it moved, what I think comes next, and how I am marking risk into the September 4 jobs report.
I still believe we are in the same 4-year cycle, with ETFs added. Not a brand-new ETF-era cycle.
A one-day jump on Fed hopes does not change that for me.
Here is how I am reading the market.
Bitcoin is up 5.04% in 24 ho...
APPLE’S FOLDABLE IPHONE COULD BE A $14B REVENUE MACHINE
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$BTC just smashed through a massive sell wall at $80,000. Next resistance levels to watch: $82,000 and $84,000. If it clears $84k, that's when things get serious 🚀
This is classic breakout territory. The $80k level held supply for a while, now it's flipped to support. $82k and $84k are the next tests. Clean breaks above those = continuation room.
No leverage, just spot. Let the trend do the work. If it stalls hard at $82k or $84k, that's your cue to tighten stops or take some off. If it rips ...