Bitcoin climbed more than 30% this month, from about $62,000 to $81,000, and is now pausing in the $77,000 area as it gives back part of that advance.
The 12-hour average price line, late August's lows, and the quarter-way giveback of the rally overlap just above $76,000, which is why the buy zone sits there.
If $75,500 breaks, the rising floor built through August is gone, so the stop sits just underneath it at $75,100 to admit the read was wrong rather than hope.
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.
