BTC Analysis

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BTC AnalysisBitcoin / US DollarCOINBASE:BTCUSDTRW300Yesterday: Bearish corrective consolidation. Today: Bullish expansion following a consolidation breakout. Spot Buying: Spot buying would have been recommended in the discount zone and could still be, but it’s important to have a system in place for spot buying. This is just my opinion, not financial advice. What I would watch next 🟒 Bullish continuation Best scenario: Price reaches ~$81K β†’ breaks the HTF resistance β†’ strong volume β†’ closes above ~$81.26K β†’ retests β†’ holds β†’ continues. πŸ”΄ Bearish rejection The bearish scenario would require evidence. Something like: $81K resistance β†’ liquidity sweep β†’ rejection β†’ bearish displacement β†’ loss of $80.15K β†’ bearish MSB. Then I'd start considering whether the breakout was a failed expansion. But we don't have that yet.