FX.co ★ vadlamudi | Bitcoin life by valdamudi #BTC

BTCUSD

Bitcoin is trading near $76,306 as it consolidates inside the decision range above support near $75,449 on the 1h chart. The first scenario (Bullish) forecasts a push and breakout above immediate resistance at $76,530, followed by a retest before accelerating upward toward the primary target around $82,360. The second scenario (Bearish) projects a rejection and breakdown below $75,449, breaching key support to open the path for a sharp drop toward the lower target near $71,912. Both projected paths rely on how price reacts inside this critical consolidation range and against key support before giving a clear directional expansion. Look for clear confirmation on lower timeframes inside the decision zone before entering trades. Strictly enforce risk management rules with stops set outside the range in case of a clear breakout or breakdown.