And thus it has reached 82400... Congratulations to those who bought early

👈Bitcoin at a crossroads... Is it time to enter or is the trap approaching?
● A realistic analysis of BTC/USDT movement:

Current price: $78,598
24-hour high: $78,788
24-hour low: $74,620
Very strong trading volume: over 49,000 BTC in 24 hours
After a clear bounce from the support area of $74,600, the market entered a sharp recovery wave and surged noticeably, but it is now approaching very fierce resistance at $79,300 - $79,400.

● What does this mean?
Breaking resistance = potential price explosion towards $80,000 then $81,500

Failed breakout = drop towards $77,000 or even a retest of $75,500

● Practical recommendations based on your trading type:

1. Day trader (Scalping / Daily):

Yes, you can enter now but after confirming a bounce at $77,800$ or a genuine breakout above $79,400.

Set a strict stop loss below $77,500.

Your targets: $79,900 then $80,800.

2. Swing trader:

Waiting is better right now.
Do not enter until $79,400 is broken with a strong close on a 4-hour or daily candle.
3. Long-term investor (Holder):
If you believe in the future of Bitcoin, the price is at excellent areas for partial buying (DCA), especially if the price returns to $76K or lower.

● My personal expectation:
If the $79,300$ level is not broken in the coming hours with a strong close,
I expect a bounce towards $77,200$ to test liquidity again, then a new stronger rise.
In case of a breakout, we will likely see a rapid surge towards $81K.

● Summary of the post:
"Do not trade with your emotions... Watch, wait for confirmation, and trade wisely"**

Your brother ✍️ ; Ghaith