$BTC watching for the completion of a potential wave 4 correction in the higher timeframe. If this setup plays out as expected, we could see a move down toward the 76k macro support zone next.
On the shorter term, there's a scalping opportunity brewing IF price can hold above some key levels—specifically the daily open, weekly open, and Monday's low. A break and retest of these zones with conviction would suggest some strength worth tracking.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
ZKProofEnthusiast
· 01-08 22:52
Can the 76k support level really hold? It feels a bit mysterious.
View OriginalReply0
TerraNeverForget
· 01-08 05:55
76k support is back, and wave theory players are starting to tell stories again
View OriginalReply0
SnapshotBot
· 01-08 05:51
76k I'm waiting, just afraid of another rebound😤
View OriginalReply0
ApeWithNoFear
· 01-08 05:44
76k is coming again, I've heard this wave theory many times...
View OriginalReply0
GasFeeCrier
· 01-08 05:31
Is 76k coming again? I believed when you said support last time, and now I'm trapped inside.
$BTC watching for the completion of a potential wave 4 correction in the higher timeframe. If this setup plays out as expected, we could see a move down toward the 76k macro support zone next.
On the shorter term, there's a scalping opportunity brewing IF price can hold above some key levels—specifically the daily open, weekly open, and Monday's low. A break and retest of these zones with conviction would suggest some strength worth tracking.