Bitcoin ran from $62,500 to $81,500 in two weeks and is now catching its breath near $78,700, carving out a pullback rather than breaking down.
The $77,300-$77,900 band holds the heaviest trading of the past 500 days, and it lines up with both the 38% giveback of this rally and the prior swing low.
If $76,300 breaks, the pattern of steadily rising lows that defines this uptrend is finished, which is exactly why the stop sits just beneath it.
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.
