We just tested that solid demand zone on $BTC
BTC
75,907.34
-2.03%
around $77.4k - $77.5k and got a nice bounce! 📈 Currently hovering around $77.9k, but we’re stuck in a bit of a tight range.
To see any real upside momentum, bulls need to break and hold above local resistance at $78.5k. Until then, it's mostly just chop. 🪓 If we lose the $77.4k support, things could get ugly fast, with the next major floor way down near $73.6k.
I'm sitting on my hands and waiting for a clean 4H candle close outside this range before making a move.
What’s your play here? Longing the bounce or waiting for a breakout? Let me know 👇