Bitcoin has climbed from 64,000 to 82,000 dollars in two weeks, setting a fresh recent high, and is now pausing for breath straight after that surge.
At 79,100 to 79,700 dollars, former resistance flips into support, the advance gives back two-thirds, and a price gap the surge skipped over sits in the same band.
If that level fails and 77,850 dollars breaks, the breakout itself has failed, which is why the stop sits just underneath it at 77,800 dollars.
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.