For the past 3 months, I’ve discussed the implications of #Bitcoin breaking above the macro .382 level without first establishing stronger support.
What this suggests is that BTC is now heading into a major resistance zone- likely between $85.2K and $93K that may be difficult to break through sustainably.
I always aim to provide unbiased analysis and track ALL possible scenarios for BTC. In my view, this is not a true impulsive rally. It remains a corrective structure that should not be ignored.
Wave B is one of the most deceptive phases in the market cycle because it tends to trap traders into believing the correction is over. #Bitcoin still has not tested a .5 retracement during this entire correction from the ATH, which is why mid-term targets have remained undetermined.
Now that price is approaching Wave B levels, upside potential is capped. Remain cautious- mitigate risk. $BTC $ETH $SOL
$BTC Short valid zones 80k first entry short dca zone 82k stoploss 84500candle close same entry this zones $ETH and $XRP and other top coins #bitcoin #TradeSignal #BinanceSquareFamily
$BTC has reclaimed the broken channel and is now retesting the 79.5K–80K resistance for the third time. Price held the 74K demand zone beautifully and bounced back strongly.
🟢 Bias: Bullish above 76K — but 79K is the make-or-break level
79K–80K → major resistance (3rd test, watch closely)
🔴 Short: Rejection wick from 79.5K with bearish 2H close Entry: 79K | SL: above 80.2K | TP: 76K → 74K
⚠️ Triple-top rejection is a real risk here. Wait for the candle to confirm — don't pre-empt the move. 🎯 $ETH and $BNB and Sol same plan for Bitcoin zones