Bitcoin bottomed at 76,204 and then jumped 4.4% to 81,336 in a single four-hour stretch, carrying several times its usual trading volume on the way up.
Three signals stack in the same 79,100-79,400 pocket: sellers exhausted after briefly losing support, price above its average lines, and the 38% giveback.
So we do not buy here - only if price returns to that pocket. A drop below 78,030 would take out the support this rally launched from, and we would be wrong.
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.
