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Bitcoin. 🔎Current Condition Price: 76.5K Structure: higher low → slight bullish MA5 & MA10: still sticking (momentum starting to slow) There is a long wick at 76.8K → a sign of rejection/supply 📈 Upward scenario (continuation) If: Breaks 76.9K (last high) 👉 Target: 77.3K 77.8K But a strong breakout is required (large candle + volume) 📉 Downward scenario (more likely now ⚠️) Because: Has risen several legs Starting to move sideways above MAs starting to converge (a sign of a big move) If: Falls below 76.2K 👉 Target: 75.8K 75.3K ⚖️ Quick conclusion Term Short: Prone to a pullback Mid-term trend: Still bullish 🔥 Simple setup (if you want to play) LONG Scalp: Wait for a break of 76.9K SHORT Scalp: If the breakout is 76.2K
##Gate13thAnniversary #BTC