BTC This is where things get interesting. After reclaiming this crucial resistance level and flipping it into support, BTC is now retesting it for the first time. So far, BTC has reacted directly from the upper boundary of that zone, which coincides with the previous HTF high. If price continues to find acceptance above this zone, followed by a weekly close above it, this would be a clear sign of strength and would make a continuation into the $90K region increasingly likely. However, I still believe that we’ll likely see a deeper retest into that zone before another expansion to the upside happens. Especially with structure still being bearish on intermediate timeframes. The level I’m observing for a potential bounce is the highs of the range we just recently broke out from, which sit right around $81.3K. Those also line up perfectly with the 0.5 Fib level of the recent rally, which adds even further confluence to this area. Anyways, this is the level I’m currently most interested in trading. Should this plan not play out the way I want it to and we break below the highs to re-enter the range instead, I’ll be looking for another long attempt lower around the $73K–$76K region.