Bitcoin has slipped 5.5% from its 81,000 dollar high down to 77,000, and is now testing the support band between 76,800 and 77,000.
Four signals overlap here: a floor that held twice, a pullback giving back a quarter of the rally, the 12-hour lower band, and volume shrinking as price falls.
So the stop goes at 75,650, some 1,200 dollars beneath that floor. If it breaks, this is no longer a dip within an uptrend but a trend that has turned.
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.
