Bitcoin ran from 62,000 to 81,000 in ten days, then pulled back to 76,800, and is now catching its breath around the 78,000 area.
At 76,850 to 77,450 where the pullback stalled, the 4-hour average price line, the prior low and the surge's retracement zone all overlap, and selling has dried up.
If even that stacked support gives way and 76,050 breaks, the pullback thesis fails, 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.
