Bitcoin Plan: 70K First, Confirm Then 80K Objective.Bitcoin / TetherUSBINANCE:BTCUSDTMarcPMarketsBitcoin after breaking the 75K resistance and tapping 78K is now retracing into new support at the previous 75K resistance. The minor trend structure of higher lows and higher highs is still intact at this point, but IF this breaks, at retest of the 70K support become much more likely. That secondary support levels is where the higher probability swing trade long setup is in my opinion. In this scenario, if price holds and confirms a reversal off the 70K support, I am then anticipating a run to the 80K objective. As you should know technical analysis provides a framework to assess risk and potential profit objectives, it will NOT forecast the future. In this market environment especially things change EXTREMELY fast because everything hinges on a tweet. Yes its nonsensical but where there is chaos, there is opportunity for those willing to maintain an open mind (or those with inside information). You can complain that the entire game is rigged and give up or you can instead choose to recognize a framework that provides effective decision making no matter what is going on. For the the game begins with levels and then observing those levels and forming reasonable expectations within the context of a general trend. From there, scenarios can be further anticipated and risk can be measured. Once you know your risk, you can generate profit objectives. You then have a plan which you either follow or throw out the window. That part is on you but for better results its all about accepting the risk you identify or not, and then letting the market handle it from there. This mindset allows me to navigate any market environment and provides a way for me to determine if it makes sense for me to participate or not based on the perceived risk, nothing else. This is why I wait for levels first and then confirmation at those levels before anything else. For Bitcoin that means retrace to 70K before considering anything else. This is the plan for THIS particular time frame. Keep in mind the smaller the time frame, the FASTER things change and constant adjustments are required. This is why swing trade ideas like the ones I present here are more practical especially for those with less experience. Thank you for considering my analysis and perspective. For daily updates see signature.