$BTC is approaching a make or break zone. Will buyers defend $79.5K or give bears more room?
Bitcoin is trading near $80.7K after another rejection around $83K. Price is still above the daily Supertrend at $79.5K, but the recent lower highs show buyers need to step up soon.
Levels to keep on your radar:
Support: $80K to $79.5K
Major support: $78.8K
Resistance: $81.85K to $82K
Next hurdle: $84.9K
Holding $79.5K could keep a recovery attempt alive. A clean reclaim of $82K would improve the picture, while a breakdown below the Supertrend could expose lower support.
BTC is at a key decision point. Watch how price reacts at support before picking a side.
#Write2Earn #BTC
Bitcoin is trading near $80.7K after another rejection around $83K. Price is still above the daily Supertrend at $79.5K, but the recent lower highs show buyers need to step up soon.
Levels to keep on your radar:
Support: $80K to $79.5K
Major support: $78.8K
Resistance: $81.85K to $82K
Next hurdle: $84.9K
Holding $79.5K could keep a recovery attempt alive. A clean reclaim of $82K would improve the picture, while a breakdown below the Supertrend could expose lower support.
BTC is at a key decision point. Watch how price reacts at support before picking a side.
#Write2Earn #BTC
