BITCOIN - Correction before a rally to 83000

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BITCOIN - Correction before a rally to 83000Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PRLindaBTCUSDT.P , amid the current market euphoria and a shift from consolidation to distribution, is testing the 80K resistance area. Locally, there are bullish conditions, but strong resistance lies ahead The market entered a rally phase following the crypto summit held at the White House. Is Trump once again engaging in pre-election manipulation??? Technically, Bitcoin is breaking out of its year-long bearish trend, with news acting as the main catalyst for the move. The 67,200–60,000 consolidation phase is coming to an end with relatively strong distribution, while price is heading toward 82,900. Locally, after the strong rally, Bitcoin has entered a 76K–79.5K consolidation phase. Within the local bullish trend, the market could retest the 76,400–75,700 support zone. A long squeeze around the support zone could shift the balance of power in favor of buyers, potentially triggering a move toward 82,500 Resistance levels: 79550, 82460 Support levels: 76390, 75770, 73450 A long squeeze of the support zone, followed by a return into the range and consolidation above the key level, could become a technical catalyst for further upside under the current market conditions Best regards, R. Linda