Market Structure
A wide descending channel/wedge has been drawn. The price has rebounded strongly from the lower trendline (~78.6k) and has now returned to the upper end of the range.
BTC is currently sitting at:
Local resistance: 81.8k
Dynamic downtrend line
After a very aggressive upward impulse
This area often produces:
either a continuation breakout,
or a fake breakout and a stronger rejection.
Key Levels
Resistance
81.8k — first important resistance
82.7k — main resistance from the chart
84.1k — target if it breaks to the upside
Supports
80.5k
79.7k
78.6k — mega-important bull defense
RSI / Stoch RSI
Stoch RSI
It's very high.
This means:
In the short term, the market is heated,
a local cooldown or sideways move is possible. RSI
RSI is rebounding from neutral levels (~55), so:
Momentum is starting to return to the bulls,
but the uptrend isn't fully dominant yet.
What looks bullish?
✅ Strong rebound from the lower band
✅ Large green impulse candle
✅ Defense of 78.6k
✅ Higher low from the previous low
If BTC closes 4 hours above 81.8k → high chance of:
testing 82.7k
then even 84k+
What looks bearish?
❌ We are still below the downtrend line
❌ Stoch RSI overheated
❌ No full breakout of the structure
If you get a rejection from:
81.8k
or 82.7k
a possible decline to:
80.5k
79.7k
or even 78.6k again
Most likely scenario (currently)
Short term:
BTC could still rise to:
81.8–82.3k
but I would expect a fight there and a possible pullback.
Mid term:
Only a full breakout of:
the trend line
and 82.7k
opens the door to:
84k+
and a potentially new uptrend.
A wide descending channel/wedge has been drawn. The price has rebounded strongly from the lower trendline (~78.6k) and has now returned to the upper end of the range.
BTC is currently sitting at:
Local resistance: 81.8k
Dynamic downtrend line
After a very aggressive upward impulse
This area often produces:
either a continuation breakout,
or a fake breakout and a stronger rejection.
Key Levels
Resistance
81.8k — first important resistance
82.7k — main resistance from the chart
84.1k — target if it breaks to the upside
Supports
80.5k
79.7k
78.6k — mega-important bull defense
RSI / Stoch RSI
Stoch RSI
It's very high.
This means:
In the short term, the market is heated,
a local cooldown or sideways move is possible. RSI
RSI is rebounding from neutral levels (~55), so:
Momentum is starting to return to the bulls,
but the uptrend isn't fully dominant yet.
What looks bullish?
✅ Strong rebound from the lower band
✅ Large green impulse candle
✅ Defense of 78.6k
✅ Higher low from the previous low
If BTC closes 4 hours above 81.8k → high chance of:
testing 82.7k
then even 84k+
What looks bearish?
❌ We are still below the downtrend line
❌ Stoch RSI overheated
❌ No full breakout of the structure
If you get a rejection from:
81.8k
or 82.7k
a possible decline to:
80.5k
79.7k
or even 78.6k again
Most likely scenario (currently)
Short term:
BTC could still rise to:
81.8–82.3k
but I would expect a fight there and a possible pullback.
Mid term:
Only a full breakout of:
the trend line
and 82.7k
opens the door to:
84k+
and a potentially new uptrend.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
