📊 BTC Update
Bitcoin has confirmed a clean breakout and retest of the 79.2K level. This zone got rejected 4 times in late April as resistance, then broke on May 3–4, and the May 8 pullback retested it perfectly — flipped to support.
Now the battle is at 82.4–82.8K where price got rejected twice (May 6 and May 11) — a potential double top forming. The next move depends on this level.
🟢 Bias: Bullish above 79.2K — but watching 82.8K closely
Trade Plan:
🟢 Long Setup A: Buy retest of 79.2K with bullish wick
Entry: 79.4–79.8K | SL: below 78.5K | TP1: 82.8K | TP2: 85K
🟢 Long Setup B (Breakout): Wait for 1H candle close above 83K
Entry: 83.2K | SL: below 81.8K | TP1: 85K | TP2: 87K
🔴 Invalidation: 1H close below 79K = flip zone failure, bias shifts neutral. Watch 78K next.
Don't chase the move at current levels — wait for either the breakout above 83K or the pullback to 79.2K. Mid-range chasing is the trap.
$BTC #AliAnsariFx