₿ BTC levels for the New York open - does the level hold, or does it go?
79,600 decides it. H1 demand and the M5 VAL both sit there.
Last read: 79,510 gave way (low 79,384) and 80,250 never printed, that map held ✅
🧭 H1: below master value (mVAL 80,143), sitting on H1 demand 79,520-79,600, PDL 79,260 below.
Close above 79,900: room to 80,140 (mVAL).
In between: no edge, wait for a close.
⛔ Above 80,150 the down map is wrong. If 79,900 breaks first, this read was wrong.
📊 Key levels
🔼 Resistance: 79900 → 80140
🔽 Support: 79600 → 79385
🔑 The setup
BTC pre-US, NY opens 12:30 UTC: 79,727 on the M5 POC, under VWAP 79,770 and M15 EMA200 80,039. Lean 55/45 lower.
M5 close under 79,600: opens 79,385, then PDL 79,260.
Invalid: a close back through 80150.
🗞️ Reuters has the dollar firming into this week's central bank meetings. Not enough to move my levels.
I won't hand out stops or targets. Measure your own risk with your own system.
Technical analysis only, by KenKem's algorithm, not financial advice
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