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๐ $BTC Bulls in Control or a Trap? ๐ฅ
$BTC just printed a Break of Structure (BOS) and a Change of Character (ChoCH), signaling potential further upside. However, the price is now facing resistance near $82,000, with multiple Fair Value Gaps (FVGs) left untested.
โธป
๐ Market Breakdown:
โ Strong Recovery โ Buyers stepping in after a liquidity grab.
โ BOS & ChoCH โ Bullish structure shift confirmed.
โ FVGs Below โ Could act as support if we see a retracement.
โธป
๐ฅ Trade Idea:
๐ Bullish Play: If $BTC holds $80,500 - $81,000, we could see a continuation towards $83,500 - $84,000.
๐ Bearish Play: Failure to reclaim $82,000 could trigger a retracement towards $79,000.
๐ฏ Key Levels to Watch:
๐ Support: $80,500 - $79,000
๐ Resistance: $82,000 - $84,000
๐จ Breakout or rejection? Whatโs your take? Drop your thoughts! ๐ฅ
BTCUSDT
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