๐จ Bitcoin above $80Kโฆ Is the next wave starting, or are traders falling into the trap??
Bitcoin is currently moving around the $80Kโ$81K area after reaching more than $82K, so the more important question now is not:
Will Bitcoin rise?
Rather: can it maintain this rise? ๐
There are 3 levels worth watching:
๐ด Resistance: $82Kโ$83K
Breaking through them and holding above them could give buyers additional strength.
๐ก Decision zone: around $80K
Holding it keeps the outlook more positive, while losing it could bring back selling pressure.
๐ข Support: $75Kโ$76K
This is an important zone to know whether the drop is just a correction or the start of a bigger weakness.
But be careful โ ๏ธ
Price rising alone does not mean the move is strong.
Watch volume + momentum + candle closes + price reaction at resistance.
๐ก The rule I use:
I donโt chase the green candleโฆ I wait for confirmation.
The question is yours ๐
Will BTC break $83K soon, or will we see a correction before the next move up?
Write your prediction in the comments:
๐ $85K
๐ Correction first
๐ Iโll come back to the best predictions and discuss them in a future post.
English Version ๐ฌ๐ง
๐จ Bitcoin Above $80K: Breakout or Bull Trap?
Bitcoin is currently trading around $80Kโ$81K after reaching above $82K.
The key question is not simply:
โWill Bitcoin go higher?โ
The real question is:
โCan BTC hold the breakout?โ
๐ด Resistance: $82Kโ$83K
๐ก Decision zone: around $80K
๐ข Support: $75Kโ$76K
Do not chase green candles.
Watch volume, candle closes, momentum and the reaction at resistance before making decisions.
๐ฅ My question to you:
Will BTC break $83K next?
๐ $85K next
๐ Correction first
Comment your prediction ๐
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