BTC sits below key short-term averages, hinting at continued downside.
🔹 Trend Structure: Current price $82175.81 is below the 20-SMA $82625.65 and 50-SMA $82766.25, signaling bearish alignment.
🔹 Momentum: RSI (14) sits at 26.3, indicating oversold conditions.
🔹 Key Levels: 24-hour resistance $82972.67 and support $82101.65.
What's your next bias on BTC - short-term bounce or deeper dip?
$BTC #BTC #Crypto #TechnicalAnalysis #ATBCryptos
🔹 Trend Structure: Current price $82175.81 is below the 20-SMA $82625.65 and 50-SMA $82766.25, signaling bearish alignment.
🔹 Momentum: RSI (14) sits at 26.3, indicating oversold conditions.
🔹 Key Levels: 24-hour resistance $82972.67 and support $82101.65.
What's your next bias on BTC - short-term bounce or deeper dip?
$BTC #BTC #Crypto #TechnicalAnalysis #ATBCryptos