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technicalanalysisong
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$BTC
C Near $80K: Bulls Still Have Work to Do 🚀
Bitcoin is trading around $79,792, after recently pushing above $81K. The chart shows BTC holding above the MA60 near $79,334, which keeps the short-term structure cautiously bullish.
📊 Key levels to watch: • Resistance: $80,000–$80,500 • Major resistance: $81,000–$82,000 • Support: $79,300 • Stronger support: $77,600–$78,000
If BTC reclaims and holds above $80K, another attempt toward the $81K–$82K zone could become interesting. But a clean break below $79.3K may bring sellers back into control.
The bigger picture remains constructive, but after the recent rally, volatility and profit-taking can’t be ignored. Recent market coverage also highlights $80K–$83K as an important resistance area.
👀 My bias: Cautiously bullish above $79.3K, but confirmation is key.
Not financial advice. DYOR and manage your risk.
#Bitcoin #BTC #Crypto #BinanceSquare #BTCUSDT.P #CryptoTrading. #TechnicalAnalysisong #BitcoinAnalysis #dyor
C Near $80K: Bulls Still Have Work to Do 🚀
Bitcoin is trading around $79,792, after recently pushing above $81K. The chart shows BTC holding above the MA60 near $79,334, which keeps the short-term structure cautiously bullish.
📊 Key levels to watch: • Resistance: $80,000–$80,500 • Major resistance: $81,000–$82,000 • Support: $79,300 • Stronger support: $77,600–$78,000
If BTC reclaims and holds above $80K, another attempt toward the $81K–$82K zone could become interesting. But a clean break below $79.3K may bring sellers back into control.
The bigger picture remains constructive, but after the recent rally, volatility and profit-taking can’t be ignored. Recent market coverage also highlights $80K–$83K as an important resistance area.
👀 My bias: Cautiously bullish above $79.3K, but confirmation is key.
Not financial advice. DYOR and manage your risk.
#Bitcoin #BTC #Crypto #BinanceSquare #BTCUSDT.P #CryptoTrading. #TechnicalAnalysisong #BitcoinAnalysis #dyor
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