BTCUSD Bitcoin is between “final test” and scaling return

The current behavior does not look like a true crash…instead, it is closer to a liquidity clearing phase after price failed to sustain above 79428.
So far, the market is still trading above the major demand area around 74K, and despite the recent decline, the overall structure remains intact.

On top of that, Bitcoin is starting to put pressure on the upper border of the small descending channel, a behavior that usually precedes new exit attempts if the price manages to recover 79428 and stay above it.

A return above 82763 would be more than just a normal breakout… but a clear announcement of the end of the current stress phase and the beginning of a new expansion, which could push the market towards higher territory sooner than many expect.

As for losing 77647 and holding below it, it may open the way for further testing of 74K, and this area may become the main defensive place for buyers.

The market is moving now not because of fear… but because of a redistribution of liquidity between those who entered later and those who built in before the next move.

expect:
Hold above 77647 points, the rebound scenario is still valid
Recovery 79428 resumes positive momentum
A breakout of 82763 opens the door to a broader rally higher
A breakout of 77647 drives the market toward the demand area near 74K

Special deals🔱
As long as price is above 77647, buying remains the preferred option while watching for breakout action above 79428, while selling becomes more risky as the market approaches major demand areas.

Mohammad Alkhwani 🔱
Bitcoin USD

Trading risks are higher and may result in loss of funds. This quote represents a private transactional interpretation and is not direct financial advice.