$BTC has climbed above the 82,000 mark, currently trading at 82,199.98.
When it comes to key price levels, I usually look at three things:
① Holding above: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 82,000.
② Retest: Can the price hold around 82,000 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume increase during the breakout? Breakouts on lower volume are more likely to reverse.
#BTC
Just my personal opinion—please consider it rationally.
When it comes to key price levels, I usually look at three things:
① Holding above: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 82,000.
② Retest: Can the price hold around 82,000 on a pullback? If it does, resistance has turned into support.
③ Volume: Did trading volume increase during the breakout? Breakouts on lower volume are more likely to reverse.
#BTC
Just my personal opinion—please consider it rationally.