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Ever seen a chart that looks this eager to break out?
$BTC is sitting right at the edge here. We’re hovering around 81,991 and honestly, it’s like the market is holding its breath.
Looking at the daily, we’ve got a clear upward channel. It tried to poke its head above 82,850 recently but got rejected just a bit. Right now, we’re consolidating. The bulls are clearly in control but they need a high-volume push to really clear that 83k resistance.
If we hold this level, the next leg up could be aggressive. But if we lose steam, I’m looking at the mid-70s for a healthy retest.
Just watching the order book for now. The bay wall is looking solid.
What’s your play? Holding or waiting for a dip?
#GateSquareMayTradingShare #BitcoinVolatility