🚨 BITCOIN RETESTING KEY RESISTANCE RIGHT NOW



Key S/R: $78.5k
Price: $77.9K

I see two scenarios here:

1) If we sucessfully close above it, expect potential rally to retest previous range low at $83.4K

Even if BTC clears $80K, I’d still watch ETH/BTC and BTC.D before calling it broad risk-on

2) If we get rejected here, I would expect sharp drop to $70k-$74k zone

$BTC
{spot}(BTCUSDT)
BTC0.08%
ETH-1.44%
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