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🚀 $BTC Bulls in Control or a Trap? 🔥
$BTC just printed a Break of Structure (BOS) and a Change of Character (ChoCH), signaling potential further upside. However, the price is now facing resistance near $82,000, with multiple Fair Value Gaps (FVGs) left untested.
⸻
📊 Market Breakdown:
✅ Strong Recovery – Buyers stepping in after a liquidity grab.
✅ BOS & ChoCH – Bullish structure shift confirmed.
✅ FVGs Below – Could act as support if we see a retracement.
⸻
🔥 Trade Idea:
📈 Bullish Play: If $BTC holds $80,500 - $81,000, we could see a continuation towards $83,500 - $84,000.
📉 Bearish Play: Failure to reclaim $82,000 could trigger a retracement towards $79,000.
🎯 Key Levels to Watch:
📌 Support: $80,500 - $79,000
📌 Resistance: $82,000 - $84,000
🚨 Breakout or rejection? What’s your take? Drop your thoughts! 🔥
BTCUSDT
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