#BTC


This segment of BTC has actually already formed a continuation pattern after breaking out.
After breaking through $79,300, the market did not retreat, indicating that the bulls are actively pushing forward rather than a passive rebound.
The natural next step is to test $84,000.
However, the $84,000 level is not easy; there is likely to be significant selling pressure here.
The key is not whether it can break through in one go, but whether it can hold during a pullback.
If there is a retreat later but it consistently stays around the 20-day moving average of $76,634,
that indicates the bullish structure is intact.
In this case, after repeated tests, the probability of breaking through $84,000 will increase.
Once it surpasses that level, the upside space will open up, with $92,000 as the next target.
Conversely, if the price is quickly pushed back below $76,000,
it suggests that this breakout is problematic and the bulls are not strong enough to sustain it.
In this scenario, the market is likely to retest the 50-day moving average at $72,900 and find support again.
So my approach is very straightforward:
If it can hold the moving averages, continue to view it as strong;
If it breaks below $76,000, treat it as a false breakout.
BTC1.75%
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