#BTCReclaims79000 BTC — Where & When Is the Next Daily Support? Bitcoin is trying to reclaim $79K, but so far, I still don't see a strong signal that BTC is ready to break and hold above $81K. Again, this week feels like a waiting game. Based on the chart structure I see, BTC is still moving inside an important range. So the main question is not only: “Can BTC go higher?” For me, the bigger question is: “Where and when will BTC find the next strong Daily support?” 🌎 MACRO — WHAT COULD TRIGGER THE NEXT MOVE? 🇺🇸 NFP — Friday The August U.S. Nonfarm Payrolls report will be released on Friday, September 4. This is one of the most important data releases this week because it can affect: Jobs → Fed expectations → Yields → Liquidity → BTC 🏦 Fed Rate Decision The next Fed decision will also be an important catalyst this month. The Fed is still very data-dependent, so upcoming economic data could change expectations for rates. 💰 Bitcoin ETF Flows ETF flows are still important for watching institutional demand. We saw a large ETF outflow recently, but one day is not enough to confirm a trend. If outflows continue, however, it could put more pressure on BTC. 🇺🇸 CLARITY Act Progress on the CLARITY Act could also improve sentiment by giving the U.S. crypto market more regulatory clarity. 📊 4H — STILL CONSOLIDATING On the 4H chart, BTC is still consolidating around: 🔵 $77K–$79K — Current range 📍 $76K–$77K — Support 🔴 $79K–$80K — Resistance For now, I don't see a clean trade setup. BTC is still moving inside this range, so I don't want to chase the middle. 📅 DAILY — STILL IN THE SAME ZONE On the Daily chart, BTC is still inside the bigger: $77K–$80K zone This area remains important as both support and resistance. So far, I don't see a major change in the Daily structure. BTC reaching $79K again does not mean we have a breakout. For me, I want to see: Break → Hold → Confirm before becoming more aggressive. ⚠️ THE AREA I'M WATCHING — DAILY FVG The most interesting part of the Daily chart for me is the Fair Value Gap around $75K–$72K. The FVG is still open. This does not mean BTC must fill it. But if the current support breaks, this area could become important for the next reaction. That's why, right now, I am more interested in: Finding the next Daily support instead of chasing $79K. 🎯 TRADE SETUP A — DAILY / LONGER TERM For the Daily chart, I'm mainly watching the open FVG area. 📍 Support 1: ~$73K 📍 Support 2: ~$70K 📍 Support 3: ~$68K 🎯 Taking Profit 1: $75K–$76K 🎯 Taking Profit 2: $77K–$80K This does not mean I expect BTC to definitely fall to $73K. I'm simply watching these areas for a better risk/reward setup if BTC comes down. ⚡ TRADE SETUP B — SHORT TERM For short-term trading: 📍 Support 1: ~$76K–$75K → I want to see another test 📍 Support 2: ~$72K 🎯 Taking Profit 1: $77K–$77.5K 🎯 Taking Profit 2: $78.5K But honestly, the current structure is not very attractive for short-term trading. For me: WAIT > FORCE A TRADE 🧠 MY VIEW My previous BTC trade setup is still valid for now. I'm not changing my view just because BTC is testing $79K again. Right now, I'm mainly looking for new support, especially on the Daily chart. The levels I'm watching: $81K → Breakout confirmation $79K–$80K → Resistance $76K–$77K → Current support $75K–$72K → Daily FVG $70K → Secondary support $68K → Deeper support The most important thing now is the reaction. I want the Daily chart to show me where buyers are actually willing to defend. Until then: No FOMO. No forced entry. For long-term investors, BTC can still be interesting for DCA depending on your strategy and risk tolerance. But for short-term trading, this current range is still quite risky. DYOR. For now, I'm waiting for the Daily chart to show me the next strong support before taking another trade. ‍#BTC $BTC $BTC $ETH

No big-picture mindset, can't hold, the profits on this move were as thin as paper, but I loved every minute of it. After all, being able to walk away with profits in a downtrend is a skill. While everyone was still sitting on the sidelines, I was saying the rebound was losing steam and volume hadn't followed through. A push upward is pointless if no one is there to buy. It sounded like nonsense at the time, but now it all looks like the answer. Following it from 0.009799 to 0.002983, for a +689.88% return, felt damn good. The beginning was truly sluggish, but once it broke out, it was truly satisfying. The money you make is the realization of your understanding; the money you lose is the flaw in your understanding. Have a strategy before the market opens, discipline during the session, and reflection afterward. Take profits when it's time: exit 80% first, set protection for the remaining 20%, and let it do its own thing. Don't get greedy for the last bite—the protection level is your last line of defense. If you didn't get on board this time, don't rush. The market never lacks opportunities; what it lacks is patience. Wait for the next shot. $BTC $ETH

Bitcoin’s correlation with the Nasdaq has fallen to around 33% from above 60%, while its correlation with gold has risen above 50% $BTC