#BTCPullback


BTC just broke above 80K after a brutal mid-cycle correction from the 126K all-time high. The supertrend held, short-term holder cost basis flipped bullish, and the structure looks like a 50% capitulation within an extended super cycle rather than a full bear market top.

Key levels to watch on this pullback: 80.6K-81K is the immediate support that bulls must defend. Lose that and we retest 77K-78K where liquidity got absorbed on the way up. 75K is the line in the sand—hold above and momentum stays intact, break below and we sweep liquidity toward 65K. Extreme bear case sits at 60K if 85K-93K resistance rejects hard and this rally was just a Wave B correction.

The base case? Shallow pullback to 77K-80K for a retest, then push toward 84K to fill the CME gap before testing 85K-93K resistance zone. ETF inflows remain strong at 467M in May, long-term holder supply at all-time highs, and funding rates hit decade lows as institutions hedge. Fear and greed at 47—neutral, not euphoric.

#BTCPullback #Bitcoin #CryptoTrading
BTC0.04%
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DragonFlyOfficial
· 05-08 05:54
To The Moon 🌕
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MrFlower_XingChen
· 05-07 14:28
To The Moon 🌕
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ybaser
· 05-07 13:39
To The Moon 🌕
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CryptoDiscovery
· 05-07 09:53
good information for sharing 💯
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NexaCrypto
· 05-07 07:25
To The Moon 🌕
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CryptoSquard
· 05-07 05:12
nice information
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ThisIsTranslateContent:
· 05-07 04:58
Chong Chong GT 🚀
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ThisIsTranslateContent:
· 05-07 04:58
Hop on now!🚗
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ThisIsTranslateContent:
· 05-07 04:58
Buy the dip 😎
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GateUser-8018f9d5
· 05-07 03:42
amazing
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