BTC is currently in a key consolidation phase after a sharp rise and pullback:


From a bullish perspective: The 4-hour moving averages are in a bullish alignment, and as long as the $76,300 support holds, there is potential to retest $79,000–$80,000, with a breakout targeting $83,000+
From a bearish perspective: 15-minute bearish divergence + daily overbought conditions, with strong resistance at $79,000–$80,000. If it breaks below $77,500, it may retest $76,000 or even $75,000
Trading suggestion: Watch for a breakout direction in the $77,500–$79,500 range. Set stop-loss for long positions below $76,800; if volume breaks through $79,500, consider adding to positions accordingly.
BTC-1.07%
View Original
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin