BULLISH

BTC BULLISH · 12h

ENTRY76,100~76,400TARGET78,250STOP75,280
BTC chart

In 3 lines

  • Bitcoin has slipped just over 5% from its Aug 28 high of 81,490 dollars and is now basing in the 76,400-77,300 dollar area.
  • A brief break of the recent low that was instantly bought back on heavy volume and the 61.8% giveback of this rally overlap near 76,200 dollars.
  • A 12-hour close below 76,377 dollars would make this read wrong, so the stop sits well beneath it at 75,280 dollars rather than just under entry.

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Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.

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