$BTC — Rejection After Expansion, Pressure Building
Clean push into $79.4K… and just as clean of a rejection. That wasn’t continuation — that was buyers getting trapped near the highs.
Now price is compressing below $79K with weak bounces. No strength, just hesitation. That usually resolves one way.
EP: $78,900 – $79,200
SL: $79,850
TP1: $78,200
TP2: $77,600
TP3: $76,800
Structure: Strong impulsive move → exhaustion wick → lower highs forming. If $78.5K cracks with momentum, this opens fast downside. Bulls need reclaim above $79.5K to invalidate.
Right now, it’s not about guessing — it’s about reacting to weakness.
Let it break… then ride it.
