Bitcoin has run from 62,700 to 79,970 in just eight days, more than 27%, and is now catching its breath just under that high.
It arrived beneath a wall of supply built over six weeks of trading last April and May, right where price made a new high but the force behind the rally visibly faded.
If a four-hour candle closes above 80,100 the breakout was real and this call is wrong, which is exactly why the stop sits just above it at 80,620.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
