$BTC 83,05k.
Yesterday I asked whether 82.2k is holding or breaking. The lowest so far is 82.5k at 9pm last night; it hasn’t been touched yet.
The 1H and 30m timeframe is adjusting. The two moving average lines on the smaller timeframe have turned downward, and the price is below both. But from 8am until now, the price has barely moved, only ranging between 82.7–83.2k. If the momentum is down but the price stays flat, there isn’t enough real push downward yet—I’m not shorting here.
The nearest resistance is 83.4–83.5k. Only if it breaks through will the small timeframe recover; the next zone is 84.6–85.2k. The lower level is 82.5k—if it breaks with strength, then you’d look at 81.1–81.4k.
On the daily timeframe, the indicator is still holding the long from 86.15k, currently down by nearly 4%.
83.5k or 82.5k—which one breaks first?
Personal observation only, not financial advice. 1% risk; there is always a stop point.
#BTC #Bitcoin $BTC
Yesterday I asked whether 82.2k is holding or breaking. The lowest so far is 82.5k at 9pm last night; it hasn’t been touched yet.
The 1H and 30m timeframe is adjusting. The two moving average lines on the smaller timeframe have turned downward, and the price is below both. But from 8am until now, the price has barely moved, only ranging between 82.7–83.2k. If the momentum is down but the price stays flat, there isn’t enough real push downward yet—I’m not shorting here.
The nearest resistance is 83.4–83.5k. Only if it breaks through will the small timeframe recover; the next zone is 84.6–85.2k. The lower level is 82.5k—if it breaks with strength, then you’d look at 81.1–81.4k.
On the daily timeframe, the indicator is still holding the long from 86.15k, currently down by nearly 4%.
83.5k or 82.5k—which one breaks first?
Personal observation only, not financial advice. 1% risk; there is always a stop point.
#BTC #Bitcoin $BTC
