BTC Analysis - $82,500 (+0.87%) 🚀
Market Outlook: Rangebound / Neutral-to-Bullish
BTC is consolidating after rejecting at $83,200 (21-day SMA).
Defending 50-day SMA at $80,000 is key - buyers protecting this range so far.
Support: $80,000 (Strong)
Resistance: $83,200 - $87,000
RSI (14): 55.3 Neutral
Bias:
Break above $83,200 can target $87k.
Failure to hold $80k can trigger deeper correction to $75k-$78k.
ETF inflows $526M yesterday show institutional buying is back.
Next catalyst: FOMC meeting.
What's your bias on BTC? Bullish or Bearish? 👇
#BTC #Bitcoin #BTCAnalysis #Crypto
Market Outlook: Rangebound / Neutral-to-Bullish
BTC is consolidating after rejecting at $83,200 (21-day SMA).
Defending 50-day SMA at $80,000 is key - buyers protecting this range so far.
Support: $80,000 (Strong)
Resistance: $83,200 - $87,000
RSI (14): 55.3 Neutral
Bias:
Break above $83,200 can target $87k.
Failure to hold $80k can trigger deeper correction to $75k-$78k.
ETF inflows $526M yesterday show institutional buying is back.
Next catalyst: FOMC meeting.
What's your bias on BTC? Bullish or Bearish? 👇
#BTC #Bitcoin #BTCAnalysis #Crypto