#BTC breaks resistance, what's next?

📊#BTC breaks resistance, what's next?

🧠From a structural perspective, we broke through the resistance near 84500 that was tested many times, so resistance will turn into support, but since we are in the blue resistance zone, we need to be conservative in chasing up here. The next strong resistance is near 86000, and the extreme pressure is near the downward trend line and the blue neckline, which is about 90000-91000.

➡️Since the long structure is established, but it is currently in the blue resistance zone, if we can't continue to attack upward here, then we need to find support at a low point to participate in long transactions, then the support area worthy of our attention is 79545-81500 (unfortunately, it was $359 away from our entry point yesterday). The extreme support area is 69000-73000 (it is difficult to reach here quickly without major negative events).

Let's see 👀

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Order cancelled

#BTC Update📊

I tried to go long at the weak support near 83900, but the market did not develop as expected, and the order was automatically closed after setting the breakeven. Therefore, if we want to participate in new long transactions, we can only look for lower support.

However, the market development did not meet my expectations. It did not directly reach the support area I was concerned about and began to rebound strongly.
If it really continues to rise, it will not give us another chance to enter the market. And if it falls again, the structure will change, and the original defense may become invalid, so I canceled the original trading strategy of going long at the 81450 support and patiently waited for new trading opportunities to appear.☕️

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