$BTC_UPDATE
So, after that sudden push up to 80K, BTC took the equal highs and now we’re seeing a bearish market structure.
Honestly, I don’t think BTC can just keep pumping straight up from here. After a move like that, some retracement is pretty normal and that’s what I think we’re seeing right now.
From what I’ve seen over the years, BTC usually retraces around 30–35% of a pump. For this move, that puts us around 74.9K.
That’s the level I’m really watching because it could act as strong support and potentially give us a reversal.
I’m not looking to jump in blindly though. If BTC comes down to 74.9K and gives us a clean double bottom or some proper reversal confirmation, then I’ll be looking for a potential long. 🎯
For now, just being patient and letting BTC show us what it wants to do.
Forwarded fromSharif Crypto Pashto 🇵🇰❤️🇦🇫
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4September 1, 2026 149
