BTCUSD

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BTCUSDBitcoin / U.S. dollarBITSTAMP:BTCUSDgradsgoldBitcoin is trading near $77,953 as it consolidates inside the decision range between $77,357 and $79,242 on the 1h chart. The primary scenario (Bearish) forecasts a breakdown below the ascending trendline and key support at $77,357, leading to a pullback retest before expanding lower toward major support around $71,193. An alternative scenario (Bullish) relies on buyers holding support inside the decision box and breaking above $79,242, opening the path for an upward move toward the primary target near $81,327. Both projected paths rely on how price reacts inside this critical consolidation range before giving a clear directional expansion. Look for clear confirmation on lower timeframes inside the decision zone before entering trades. Strictly enforce risk management rules with stops set outside the range in case of a clear breakout or breakdown.