Bitcoin 1H Weekend: Coiling Under 76.3K, 75K Shelf DecidesBitcoin / U.S. dollarBITSTAMP:BTCUSDCFlo17BTC opened the weekend at 75,747 and is sitting in a tight range just under Friday's high, right on the value area built since Thursday's selloff. Weekend volume is thin, so I'm waiting for a 1H close outside 75,364-76,295 before trusting a direction. Market structure Daily: lower highs (84,843, 81,888, 81,105) and lower lows; below the 20D (79,341) and 50D (81,877), still above the 200D (73,189) 1H: lower highs at 76,295, 76,255 and 76,087 since Thursday's drop Friday swept to 74,762 and was bought back; the weekend so far is quiet around 75,740-75,999 Key levels Resistance: 76,087 (last 1H lower high), 76,295 (Fri high / VAH), 76,915-77,963 and 78,203-79,472 (1H bear FVGs) Support: 75,747 (Fri close / POC), 75,364 (VAL), 74,762-75,088 (Thu/Fri lows), 73,370-74,762 (daily FVG), 73,189 (200D) Bull case 1H close above 76,087, then 76,295, for the first higher high since Thursday Targets: 76,915, then 77,963 / 78,000 Invalidated by a 1H close back below 75,364 Bear case 1H close below 75,088, losing the Thu/Fri lows shelf Targets: 74,762, then 73,370 and the 200D at 73,189 Invalidated by a 1H close above 76,087 This is my read of the chart, not financial advice.