BTC BULLISH · 12h

In 3 lines

• Bitcoin has pulled back a little over 5% from its late-August peak at 81,490 dollars and is now testing a floor in the 76,200 area.
• Heavy selling hit the low yet price refused to fall further, and downward pressure is fading — signals that overlap in the same 76,200 to 76,600 zone.
• If 76,204 gives way, though, this stops being a dip in an uptrend and becomes a broken trend, which is why the stop sits below it at 75,450 dollars.