๐จ BITCOIN AT A MAJOR DECISION ZONE โ WATCH $77K!
BTC is sitting near a critical support area around $76.8Kโ$77K after failing to hold above the $80Kโ$81K resistance zone.
The pressure is coming from a combination of hawkish Fed expectations and recent BTC ETF outflows, making the $77K level especially important.
๐ BEARISH SETUP:
If BTC breaks and confirms below $77K โ SELL
๐ฏ Target 1: $75Kโ$75.5K
๐ฏ Target 2: $72Kโ$73K
๐ BULLISH FLIP:
If BTC reclaims and holds $80K, the bearish setup weakens and $81.3K โ $82Kโ$83K becomes possible.
โ ๏ธ Invalidation: sustained move back above $80K.
My view: WAIT at $77K. Don't blindly sell directly into support. A confirmed break below $77K gives the cleaner SELL setup.
#BTC #Bitcoin #Crypto #Binance #Trading #CryptoNews #BTCUSDT #DYOR
BTC is sitting near a critical support area around $76.8Kโ$77K after failing to hold above the $80Kโ$81K resistance zone.
The pressure is coming from a combination of hawkish Fed expectations and recent BTC ETF outflows, making the $77K level especially important.
๐ BEARISH SETUP:
If BTC breaks and confirms below $77K โ SELL
๐ฏ Target 1: $75Kโ$75.5K
๐ฏ Target 2: $72Kโ$73K
๐ BULLISH FLIP:
If BTC reclaims and holds $80K, the bearish setup weakens and $81.3K โ $82Kโ$83K becomes possible.
โ ๏ธ Invalidation: sustained move back above $80K.
My view: WAIT at $77K. Don't blindly sell directly into support. A confirmed break below $77K gives the cleaner SELL setup.
#BTC #Bitcoin #Crypto #Binance #Trading #CryptoNews #BTCUSDT #DYOR
