BTC Reset Before 80K… or Something Bigger?

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BTC Reset Before 80K… or Something Bigger?Bitcoin / US DollarCOINBASE:BTCUSDinchartswetrustBitcoin just did exactly what i warned aboutπŸ˜’ β€œβ—οΈβ—οΈ At the same time, we always keep a downside scenario in mind. If the attempt to break the local high at 79,523 fails, a double top may form, with a potential pullback toward the trendline around 77,500.” And that’s exactly what played out. Current price action: β€” clean double top confirmation; β€” breakdown below 78,000; β€” loss of multi-factor support (77,500 + local trendline). The loss of the local trendline I don’t like the most. But let’s be clear: This is NOT a bearish reversal. πŸ“ˆ As long as price holds above 68,000 β€” the area of the global descending trendline β€” the bullish structure remains intact. Before even reaching that level, BTC still has strong support zones: β€” 76,000 β€” EMA100 confluence (D1 + 4H); β€” 73,700 β€” EMA200 (4H); β€” 72,000 β€” major historical level. What to expect next? Most likely scenario: πŸ‘‰ consolidation within 76,000 – 78,000 Before the next move to 80K. Now the real question: Is this just a reset before 80K+… or a deeper liquidity grab? My view: 🦬 Healthy pullback within an uptrend β€” not weakness. Key level: 68,000 Above it β€” bulls remain in control.