#BTC needs to exceed 83.916 USD to confirm a stronger momentum for continuing the uptrend; on the other hand, losing the 74.434–76.159 USD zone would significantly weaken the recovery structure.
If BTC holds above 80.000 USD and closes the D1 candle above 82.200 USD, the market’s likelihood of continuing to test 83.000–84.000 USD will increase. Breaking through and closing D1/weekly above 83.900 USD is a stronger technical signal for the next bullish leg.
If BTC is rejected in the 82.000–84.000 USD range and falls back below 80.000 USD, it could return to test 78.500 USD, followed by 75.000–76.000 USD. This is a zone to pay special attention to if you are holding altcoins.
One notable point is that the recent rally was supported significantly by short liquidations, so for a more sustainable rise BTC needs fresh buying pressure—not just a short squeeze.
If BTC holds above 80.000 USD and closes the D1 candle above 82.200 USD, the market’s likelihood of continuing to test 83.000–84.000 USD will increase. Breaking through and closing D1/weekly above 83.900 USD is a stronger technical signal for the next bullish leg.
If BTC is rejected in the 82.000–84.000 USD range and falls back below 80.000 USD, it could return to test 78.500 USD, followed by 75.000–76.000 USD. This is a zone to pay special attention to if you are holding altcoins.
One notable point is that the recent rally was supported significantly by short liquidations, so for a more sustainable rise BTC needs fresh buying pressure—not just a short squeeze.