$BTC
Bitcoin is stuck at 78,960. Is it a flat or calm before the storm?
I'm looking at the 4H — the price is standing still. Range 78,800 – 79,100. Volumes have dropped, funding is nearly zero. The market is waiting for a trigger.
📊 What I see:
Current price: ~78,960
Nearest support: 78,500 – 78,800
Resistance: 79,500 – 79,800
📈 My levels:
🟢 Long:
From 78,800 with confirmation
Stop loss below 78,500
Target 1: 79,500
Target 2: 80,000
🔴 Short:
Only if we break below 78,500
Then targets: 78,000 – 77,500
🟡 My plan:
For now, I'm watching and waiting. Waiting for a clear breakout of the range. Better to miss a move than to get caught in a false breakout.
What about you? Are you waiting for a signal or already in a position?
👇
$BTC #Bitcoin #Analysis
Bitcoin is stuck at 78,960. Is it a flat or calm before the storm?
I'm looking at the 4H — the price is standing still. Range 78,800 – 79,100. Volumes have dropped, funding is nearly zero. The market is waiting for a trigger.
📊 What I see:
Current price: ~78,960
Nearest support: 78,500 – 78,800
Resistance: 79,500 – 79,800
📈 My levels:
🟢 Long:
From 78,800 with confirmation
Stop loss below 78,500
Target 1: 79,500
Target 2: 80,000
🔴 Short:
Only if we break below 78,500
Then targets: 78,000 – 77,500
🟡 My plan:
For now, I'm watching and waiting. Waiting for a clear breakout of the range. Better to miss a move than to get caught in a false breakout.
What about you? Are you waiting for a signal or already in a position?
👇
$BTC #Bitcoin #Analysis