$BTC Bitcoin is sitting at a pretty important level here.
$BTC has spent the last few days repeatedly testing $79,500 and failing to turn it into support.
The good news is the bigger structure still looks strong.
The move from $63K to $80K was a major breakout, and BTC is now consolidating above the old range rather than immediately giving the whole move back.
For me, $79,500 is the level to watch.
Reclaim it and hold above it, and $80K+ comes straight back into play.
Lose the current consolidation and I’d be watching $70,500 as the much more important structural level.
Until then, I’m not overcomplicating it.
$BTC Bitcoin is consolidating after a huge move.
The next clean break from this range should tell us where we’re going next.
#btc70k #BTC #BTC🔥🔥🔥🔥🔥
$BTC has spent the last few days repeatedly testing $79,500 and failing to turn it into support.
The good news is the bigger structure still looks strong.
The move from $63K to $80K was a major breakout, and BTC is now consolidating above the old range rather than immediately giving the whole move back.
For me, $79,500 is the level to watch.
Reclaim it and hold above it, and $80K+ comes straight back into play.
Lose the current consolidation and I’d be watching $70,500 as the much more important structural level.
Until then, I’m not overcomplicating it.
$BTC Bitcoin is consolidating after a huge move.
The next clean break from this range should tell us where we’re going next.
#btc70k #BTC #BTC🔥🔥🔥🔥🔥
