$BTC Support & Resistance Update | Bullish Bias Intact 🚀
Bitcoin is currently trading in the $79,000–$80,000 zone after a strong recovery from the mid-$60k area. Price recently tested highs near $81,000–$81,500 before pulling back slightly.
Key Levels to Watch:
Resistance:
• Immediate: $80,000 – $81,300 (psychological + recent high zone)
• Strong: $82,500 – $83,000 (key confirmation level / 365-day MA area)
Support:
• Immediate: $78,000 – $78,500
• Strong: $76,500 – $77,000
• Major: $73,000 – $74,000
Bias: Bullish (with caution)
Structure remains constructive after the sharp breakout. Higher lows are holding and momentum is still with the bulls as long as $78,000 stays intact.
A clean daily close above $83,000 would confirm the early bull market phase many analysts are calling for and open the door toward $85k–$90k.
Failure to hold $78k could trigger a deeper retracement toward $76k–$74k before the next leg up.
Watch for:
• Volume confirmation on breakouts
• RSI cooling from overbought territory
• Reaction at the $80k–$83k supply zone
What’s your plan? Holding for the breakout or waiting for a better entry on support?
#ShareYourThoughtOnBTC
Bitcoin is currently trading in the $79,000–$80,000 zone after a strong recovery from the mid-$60k area. Price recently tested highs near $81,000–$81,500 before pulling back slightly.
Key Levels to Watch:
Resistance:
• Immediate: $80,000 – $81,300 (psychological + recent high zone)
• Strong: $82,500 – $83,000 (key confirmation level / 365-day MA area)
Support:
• Immediate: $78,000 – $78,500
• Strong: $76,500 – $77,000
• Major: $73,000 – $74,000
Bias: Bullish (with caution)
Structure remains constructive after the sharp breakout. Higher lows are holding and momentum is still with the bulls as long as $78,000 stays intact.
A clean daily close above $83,000 would confirm the early bull market phase many analysts are calling for and open the door toward $85k–$90k.
Failure to hold $78k could trigger a deeper retracement toward $76k–$74k before the next leg up.
Watch for:
• Volume confirmation on breakouts
• RSI cooling from overbought territory
• Reaction at the $80k–$83k supply zone
What’s your plan? Holding for the breakout or waiting for a better entry on support?
#ShareYourThoughtOnBTC
