๐จ BITCOIN IS TESTING $79.5K AGAIN
Bitcoin is once again sitting near the critical $79.5K zone after facing rejection around $80.5Kโ$82K.
This is the level Iโm watching closely ๐
๐ Hold $79.5K: Bulls could make another attempt toward $80.5K and eventually $82K.
๐ Break & hold above $82K: The bullish structure could strengthen and open the door toward higher levels.
โ ๏ธ Lose $79Kโ$79.5K: Short-term weakness could increase, with $77K and then $75K becoming important downside levels.
For now, BTC is still holding the key support area.
My view: Iโm not bearish while $79Kโ$79.5K remains intact. But the next 4H closes could be very important. ๐
What do you think โ $82K breakout or $77K retest first? ๐
#BTC #Bitcoin #Crypto #BTCUSDT $BTC
Bitcoin is once again sitting near the critical $79.5K zone after facing rejection around $80.5Kโ$82K.
This is the level Iโm watching closely ๐
๐ Hold $79.5K: Bulls could make another attempt toward $80.5K and eventually $82K.
๐ Break & hold above $82K: The bullish structure could strengthen and open the door toward higher levels.
โ ๏ธ Lose $79Kโ$79.5K: Short-term weakness could increase, with $77K and then $75K becoming important downside levels.
For now, BTC is still holding the key support area.
My view: Iโm not bearish while $79Kโ$79.5K remains intact. But the next 4H closes could be very important. ๐
What do you think โ $82K breakout or $77K retest first? ๐
#BTC #Bitcoin #Crypto #BTCUSDT $BTC