$BTC is trading around 83,563.3 on the quarterly contract shown, down 1.20%. The price remains under pressure, with the 83,000–83,300 region worth watching for potential support.
If buyers defend this area and reclaim 84,000, the recovery could extend toward the next resistance zone. A breakdown below 83,000 would weaken the bullish scenario. I’m keeping the focus on confirmation rather than assuming the decline has ended.
Trade Setup:
Entry Zone: 83,100–83,500
Take Profit 1: 84,000
Take Profit 2: 84,500
Stop Loss: 82,800
Wait for a clear setup and account for the risks of trading futures contracts.
If buyers defend this area and reclaim 84,000, the recovery could extend toward the next resistance zone. A breakdown below 83,000 would weaken the bullish scenario. I’m keeping the focus on confirmation rather than assuming the decline has ended.
Trade Setup:
Entry Zone: 83,100–83,500
Take Profit 1: 84,000
Take Profit 2: 84,500
Stop Loss: 82,800
Wait for a clear setup and account for the risks of trading futures contracts.