Pre-Summary
Bitcoin’s breakout has carried price to resistance at 80,000. BTC remains in a daily uptrend but is becoming stretched above the 10-day MA.

Bitcoin broke bullishly out of consolidation last week and delivered bullish follow-through. That advance has now carried BTC to the 80,000 level.
Monday was Day 23 for the daily cycle. BTC is quite stretched above the 10-day MA and the TSI is beginning to roll over. That does not signal a daily cycle decline, but it does suggest that the advance may need some time to consolidate and allow the 10-day MA to catch up to price.
BTC is currently in a daily uptrend. A bullish break above 80,000 would indicate a continuation of the daily uptrend. A break below 76,676 would form a swing high. A swing high followed by a close below the 10-day MA would signal the daily cycle decline.
Current Framework
Trend: Daily uptrend
Cycle: Day 23; stretched above the 10-day MA
Next Trigger: Break above 80,000 signals continuation; swing high and close below the 10-day MA signals the daily cycle decline

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