Bitcoin surged 30% in ten days to reach 81,261, but it has now spent four days trapped in a 77,570-81,261 box, unable to break through the ceiling.
That high printed on half the volume of the prior surge day, and the bounce target overlaps the earlier peak at 80,000-80,600, so that is where we sell.
If price climbs above the 81,261 ceiling and holds there, this call is simply wrong, so the stop sits just above it at 81,600.
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.
